Firstsource Solutions today posted a 4.95% jump in net profit to Rs 34.96 crore for the quarter ended December 31, 2010.
The company had reported a net profit of Rs 33.31 crore for the October-December period last year, Firstsource Solutions said in a filing to the Bombay Stock Exchange.
Total income from operations of the BPO services provider rose to Rs 514.59 crore in the third quarter from Rs 490.85 crore in the corresponding period of the previous year, it added.
Commenting on the performance, Firstsource CEO & MD Matthew Vallance said, "We are encouraged by a good build-up of the new business pipeline across the company and are well positioned in number of new client situations."
Shares of the company were being quoted at Rs 16.20 in early trade on the BSE today, up 1.57% from the previous close.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app