Firstsource Solutions (FSL) reported strong Q3 FY2026 results with revenue up 16.2% YoY. The Board declared an interim dividend of ₹5.5 per share. FSL raised its FY26 constant currency revenue growth guidance to 14.5%-15.5% and expects EBIT margin of 11.5%-12%. FSL signed five large deals, added nine new logos, and improved its employee attrition rate.
Financial Performance Highlights
Firstsource Solutions (FSL) announced its financial results for the quarter ended December 31, 2025, showcasing significant year-over-year growth. Key financial highlights include:
- Revenues reached ₹24,431 million (US$274 million), reflecting a 16.2% YoY increase.
- EBIT stood at ₹2,915 million, representing 11.9% of revenues, up 24.9% YoY.
- PAT adjusted for exceptional items amounted to ₹2,022 million, or 8.3% of revenue.
- Adjusted Diluted Earnings Per Share (EPS) reached ₹2.87.
Dividend Announcement
The Board of Directors has declared an interim dividend of ₹5.5 per equity share.
Revised FY26 Outlook
Firstsource Solutions has updated its financial outlook for FY26, now expecting revenue growth in the range of 14.5% to 15.5% in constant currency terms. This includes an incremental contribution of 1.5% from the acquisitions of Pastdue Credit Solutions and TeleMedik. The company anticipates an EBIT margin within the 11.5% to 12% band.
Key Business Achievements
The company reported several key business highlights:
- Secured five large deals in Q3 FY26.
- Added nine new logos, including five strategic logos.
Segmental Updates
Firstsource reported notable progress across various verticals:
- Banking and Financial Services: Added five new logos, leveraging a wider capabilities portfolio.
- Healthcare: Added one new logo and is progressing well on large deal ramp-ups.
- Communications, Media & Technology: Added two new logos, driven by demand for CX and Al-led solutions.
Employee Metrics
The employee strength at the end of Q3 FY26 stood at 36,689. The attrition rate declined to 27.4%, a 10ppt improvement.
Source: BSE
