Firstsource Q2 net profit dips to Rs 67.3 cr

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Press Trust of India New Delhi
Last Updated : Nov 06 2019 | 6:20 PM IST

BPO firm Firstsource Solutions Ltd on Wednesday posted a 27.4 per cent decline in consolidated net profit to Rs 67.3 crore for the September 2019 quarter.

The company had posted a net profit of Rs 92.7 crore in the year-ago period, Firstsource Solutions said in a regulatory filing. Its revenues from operations, however, increased 2.8 per cent year-on-year to Rs 971.4 crore in the September 2019 quarter from Rs 944.2 crore in the September 2018 quarter, it added.

"With the leadership change, we are redefining our strategy and investing in developing additional solutions for our customers for the new digital era," Sanjiv Goenka, Chairman of RP-Sanjiv Goenka Group and Firstsource Solutions, said. Its employee strength was 20,001 as of September 30 with addition of 1,451 employees in the quarter.

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First Published: Nov 06 2019 | 6:20 PM IST

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