Firstsource Solutions Limited has announced its financial results for the quarter and fiscal year ended March 31, 2026. The company achieved a major milestone by crossing the $1 billion revenue mark, reflecting a resilient annual growth of 19.7%. With a normalized PAT up 26.9% and a strong pipeline of large deal wins, the company is strategically positioned for further expansion in the AI-native operational landscape for FY27.
Fiscal Year 2026 Financial Highlights
For the fiscal year ended March 31, 2026, Firstsource Solutions reported revenue of ₹95,564 million, representing a 19.7% increase compared to the previous year. The company’s EBIT stood at ₹11,221 million, showing a robust growth of 27.4%. The reported Profit After Tax (PAT) for the year was ₹6,744 million, while the adjusted PAT (accounting for exceptional items) reached ₹7,543 million.
Fourth Quarter Performance
In the final quarter (Q4 FY2025-26), the company recorded revenues of ₹25,835 million, marking a 19.5% year-over-year growth. The EBIT for the quarter reached ₹3,143 million, reflecting a margin of 12.2%. The quarterly PAT was reported at ₹2,052 million, with a diluted EPS of ₹2.91, demonstrating consistent operational efficiency.
Strategic Business Wins and Market Outlook
The company showcased strong momentum in business development, securing four large deals in the final quarter, bringing the total to 17 large deals for the fiscal year. Key wins include partnerships with a US-based global leader in financial technology, a regional water utility provider in Australia, and a major UK-based MVNO. The company added 47 new logos throughout the year, doubling its strategic account acquisition rate compared to FY25.
Future Projections
Looking ahead to FY27, Firstsource Solutions has provided optimistic guidance, projecting revenue growth between 10% and 13% in constant currency terms. The company anticipates maintaining an EBIT margin in the 12.25% to 12.75% range, driven by its Kairos AI-native operating system and its strategic focus on providing full-stack, domain-led solutions for its global client base.
Source: BSE