Firstsource Solutions reported its consolidated financial results for the quarter and half year ended September 30, 2026. For the second quarter of fiscal year 2027 (Q2 FY27), the company saw revenues climb 22.2% YoY to ₹28,256 million. Profit After Tax (PAT) increased by 29.7% YoY to ₹2,328 million. The company also updated its FY27 revenue growth guidance to 10.5% to 13%.
Firstsource Solutions Reports Strong Q2 FY27 Performance
Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company, announced its consolidated financial results for the quarter and half year ended September 30, 2026. The company delivered robust performance, marked by significant year-over-year growth in revenue and profit.
Q2 FY27 Financial Highlights
For the quarter ended September 30, 2026, Firstsource Solutions recorded revenues of ₹28,256 million (US$ 296 million), a notable increase of 22.2% compared to the same period last year. Earnings Before Interest and Taxes (EBIT) grew by 32.1% YoY to ₹3,521 million, representing 12.5% of revenues. Profit After Tax (PAT) saw a substantial rise of 29.7% YoY, reaching ₹2,328 million, which constitutes 8.2% of revenues. Diluted Earnings Per Share (EPS) for the quarter stood at ₹3.31.
Half-Yearly Performance
The financial performance for the first half of FY27 (ended September 30, 2026) also demonstrated strong growth. Revenues amounted to ₹55,505 million (US$ 584 million), up 22.5% YoY. EBIT for the half-year period increased by 33.4% YoY to ₹6,888 million, at 12.4% of revenues. Reported PAT for the half-year was ₹3,987 million. Diluted EPS for the first half of FY27 was ₹5.66.
FY27 Outlook and Strategic Growth
Looking ahead, Firstsource Solutions has raised the lower end of its revenue growth guidance for FY27. The company now expects revenue to grow in the range of 10.5% to 13% in constant currency terms. The projected EBIT margin for FY27 is anticipated to be between 12.25% and 12.75%. Dr. Sanjiv Goenka, Chairman of RPSG Group and Firstsource Solutions, commented on the company’s strategic direction, emphasizing the move towards technology-led solutions and deep domain expertise to drive sustained, profitable growth.
Key Business Achievements
The company highlighted several key business achievements during Q2 FY27, including signing four large deals, with two from new logos, and adding seventeen new logos. Notable wins include expanded relationships in the UK and North America, and securing new logos in the digital bank and student loan provider sectors.
Source: BSE
