Home / Business and Economy / Firstsource Profit Soars 40%, Lifts Revenue Guidance
Firstsource Profit Soars 40%, Lifts Revenue Guidance
29 Oct
Summary
- Net profit surged 40.1% to ₹232.4 crore in Q2FY27.
- Company raised FY27 revenue growth guidance to 10.5%-13%.
- Four large deals were signed in Q2FY27, including two with new clients.
Firstsource Solutions has announced a robust financial performance for the second quarter of FY27, with net profit jumping 40.1% quarter-on-quarter to ₹232.4 crore. Revenue also saw a sequential increase of 2.9% to ₹2,831 crore. For the first half of FY27, revenue grew 22.5% year-on-year to ₹5,550.5 crore, with EBIT rising 33.4%.
The company secured four significant deals in Q2FY27, continuing a trend of consistent large deal wins. These included expansions with existing clients in the UK and North America, as well as new business from a UK bank and a US student loan provider. Firstsource is strategically pivoting towards AI-driven, technology-led services and outcome-based solutions to drive future growth.
Reflecting its positive outlook, Firstsource has revised its FY27 revenue growth guidance upwards to 10.5%-13% in constant currency terms. The company aims to maintain its EBIT margin within the 12.25%-12.75% range for the full fiscal year, emphasizing sustained growth in client relationships and service offerings across key sectors like healthcare and banking.
