Firstsource Solutions, one of India’s leading pure-play BPO companies, recorded a 40 per cent drop in net profit to Rs 12 crore for the third quarter ended December 2008, from Rs 20 crore in the corresponding previous quarter.
The revenue of the group grew 19 per cent to touch Rs 447 crore, compared to Rs 359 crore for the same quarter a year ago. On a sequential basis, the company’s net profit dropped 59 per cent from Rs 28 crore.
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