Conference Call with Firstsource Solutions Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
Software and Services firm Firstsource Solutions announced Q3FY23 results: Q3FY23: Revenues at Rs 15,049 million (US$ 183 million), YoY growth of 2.8% and degrowth of 0.3% in CC Operating margin at Rs 1,409 million or 9.4% of revenues Profit After Tax (PAT) at Rs 1,579 million or 10.5% of revenues Diluted Earnings Per Share (EPS) of Rs 2.25 Board has recommended an interim dividend of Rs 3.50 per share 9MFY23: Revenues at Rs 44,655million (US$ 561 million), YoY growth of 2% and degrowth of 1.1% in CC Operating margin at Rs 3,835 million or 8.6% of revenues Profit After Tax (PAT) at Rs 3,724 million or 8.3% of revenues Diluted Earnings Per Share (EPS) of Rs 5.31 Dr. Sanjiv Goenka, Chairman - RPSG Group and Firstsource Solutions, commented, "Firstsource delivered a steadfast performance amidst a challenging quarter. We fast-tracked our digital forays, continued our sharp focus on cost management and formalized our commitment to sustainable growth by unveiling our first ESG report. With a robust pipeline, an empowered workforce, and a diversified portfolio, we are poised to seize new market opportunities in the next few quarters." Result PDF