Firstsource Q4 net profit up 5.9%

RP-Sanjiv Goenka group company, Firstsource Solutions, has recorded a profit after tax of Rs 6.23 crore in the quarter ended March 31, 2015, up 5.9% from the same period last year.

Revenues from operations, however, were down by 5.3% to Rs 754.04 crore in the fourth quarter.

The company said that the employee strength of the company as of March 2015 was at 25,285 and during the quarter 1,336 employees were rationalised.

The rationalisation during the year, however, stood at 2,381.

Revenues for the year ended March 2015 recorded a 2.3% dip at Rs 3,034.70 crore. Profit after tax, however, was up 21.4% over the corresponding period of the previous year.