Question 1

What are the key takeaways from Firstsource Solutions Limited?

Accepted Answer

Firstsource Q1 FY27: Revenue ₹2,751.75 Cr (vs ₹2,220.93 Cr YoY), PAT ₹165.92 Cr (vs ₹169.33 Cr YoY) In Q1 FY2027 Firstsource reported consolidated revenue of ₹2,751.75 Cr, up from ₹2,220.93 Cr in Q1 FY2026 showing strong YoY growth; consolidated reported PAT was ₹165.92 Cr, marginally lower than ₹169.33 Cr in Q1 FY2026. EBITDA/EBIT performance improved with management reporting EBIT of ₹336.7 Cr and adjusted PAT of ₹222.2 Cr after excluding exceptional charges. The quarter included an exception…

Question 2

What were Firstsource Solutions Limited's key financial metrics?

Accepted Answer

Consolidated Revenue (Q1 FY27): ₹27,517.51 million (₹2,751.75 Cr) (vs ₹22,209.34 million in Q1 FY26); Consolidated Net Profit after Tax (Q1 FY27): ₹1,659.17 million (₹165.92 Cr) (vs ₹1,693.25 million in Q1 FY26); EBIT (Q1 FY27): ₹3,367 million (reported in press release) (vs (not stated YoY in table) ₹? in Q1 FY26); Adjusted PAT (Q1 FY27): ₹2,222 million (₹222.20 Cr) (vs not reported adjusted PAT in Q1 FY26)

Question 3

What were the highlights of Firstsource Solutions Limited?

Accepted Answer

Revenue grew 22.9% YoY to ₹27,517.51 million in Q1 FY27 driven by broad-based vertical performance. Reported PAT was ₹1,659.17 million in Q1 FY27, slightly down versus ₹1,693.25 million in Q1 FY26 due to exceptional charges. The quarter included exceptional charges of ₹716.86 million (₹563.14 million net of tax) for contract termination, indemnity and contingent consideration which reduced reported earnings. Management reported EBIT of ₹3,367 million (12.4% of revenues) reflecting margin expans…

Question 4

What is the outlook or guidance for Firstsource Solutions Limited?

Accepted Answer

Management reiterated FY27 revenue growth guidance of 10%-13% in constant currency. Management sees FY27 EBIT margin in the 12.25%-12.75% band, implying modest margin expansion over Q1 run-rate. Company is pursuing recovery actions for contract termination and has filed insurance claims for indemnity, signalling potential reversal of some exceptional charges.

Question 5

What are the key risks or concerns for Firstsource Solutions Limited?

Accepted Answer

Exceptional charge of ₹716.86 million in Q1 FY27 related to termination of contract and indemnity reduced reported earnings and could recur if similar contract risks arise. One component includes an estimated non-recoverable amount of ₹356.73 million following termination of a client contract, which increases credit/recovery risk. An indemnification of regulatory penalty of ₹283.74 million was recognised, exposing the company to regulatory and contractual performance risk.

Firstsource Solutions Limited

Quarterly Results 16

Annual Reports 15

Concalls 41

Firstsource Solutions Limited

Quarterly Results 16

Annual Reports 15

Concalls 41