366.8500 0.60 (0.16%)
NSE Aug 12, 2025 15:31 PM
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Dolat Capital
Results below estm; Guides steep cut in Q1 and Recovery Q2 onwards Firstsource (FSL) reported below expectation results, with a sequential revenue growth of 0.6% in CC terms (our estimate was 1.5%) due to weakness in healthcare segment (COVID impact - USD6mn) and OPM decline of about 40bps QoQ at 10.8% (our estimate was 11.2%). Healthcare segment de-grew by 1.3% QoQ as Providers clients faced decline in government funding in Feb and reduced number of elective surgeries and Payers volume got impacted as it witnessed lesser filling...
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