Conference Call with Firstsource Solutions Management and Analysts on Q4FY23 Performance and Outlook. Listen to the full earnings transcript.
BPO/KPO firm Firstsource Solutions announced Q4FY23 & FY23 results: Q4FY23: Revenue at Rs 15,568 million or USD 190 million, growth of 0.8% YoY and (2.8%) YoY in CC Operating Margin (OM) at Rs 1,799 million or 11.6% of revenues Profit After Tax (PAT) at Rs 1,413 million or 9.1% of revenues Diluted Earnings Per Share (EPS) of Rs 2.02 FY23: Revenue at Rs 60,223 million or USD 750 million, growth of 1.7% and (1.1%) in CC Operating Margin (OM) at Rs 5,633 million or 9.4% of revenues Profit After Tax (PAT) at Rs 5,137 million or 8.5% of revenues Diluted Earnings Per Share (EPS) of Rs 7.32 23,018 employees as of March 31, 2023 Dr. Sanjiv Goenka, Chairman - RPSG Group and Firstsource Solutions, commented, “The fourth quarter results of Firstsource are in line with our expectations. Our primary focus this year was to diversify our business and reduce dependence on macroeconomic conditions, continue to build our digital offerings and fuel the subsequent phase of our expansion. Despite the challenging business environment, we have used this year to extend capabilities into adjacent areas, expand our client base across diverse portfolios, and significantly strengthen our existing key accounts.” Result PDF
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