Dollar and Pound volatility impacts Firstsource's profit

Company's exposure to the two currencies is to the tune of 93.4% of its revenue

Kolkata-based RP-Sanjiv Goenka Group's business process outsourcing (BPO) wing, Firstsource Solutions Ltd (FSL) is likely to post muted growth in the ongoing fiscal quarter as global currency volatility is dragging down its bottom line and the businesses in the US and UK are undergoing a phase of flux on account of changes in US policies and Brexit.

The company's exposure to the US Dollar and the British Pound is about 93.4 per cent of its revenue. While the US Dollar is used as the currency to conduct 55.4 per cent of its business, the British Pound makes up for the remaining