Firstsource Solution Ltd : Q4FY17 Results
Amir Shaikh / 05 May 2017
Firstsource Solutions Ltd. reported its results for the quarter ended March 31, 2017 today.
Firstsource Solutions Ltd. reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 came in at Rs. 892.3 crore, which represents a 0.78% sequential increase and 2.63% YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 88 crore and its EBIT margin stood at 9.86%.
The company reported PAT of Rs 64.8 crore, which represents a sequential QoQ decline of 7.03% and a YoY decline of 16.39%.
For FY17, the company witnessed 11 per cent YoY growth in revenue to Rs 3555.6 crore. Its net profit for FY17 increased 7 per cent YoY to Rs 279 crore.
Firstsource Solutions Ltd is a provider of a range of business process management services across the customer life cycle delivered through transaction processing. The company's segments include banking, financial services and insurance and non-banking financial services. Its geographic segments include USA and Canada, UK, India and rest of the world.
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