• Firstsource Solutions Limited is a mid cap company with a market cap of ₹8,099.03 crore and company deals in Business Process Outsourcing (BPO) in IT sector.
Firstsource Solutions Limited is a Mid-Cap company with a market cap of ₹8,099.03 Crore and company dealing in Business Process Outsourcing (BPO) in IT sector. Firstsource is a leader in business process management services and provides solutions for many sectors such as banking and financial services, mortgage lending, healthcare, communications, media and technology. For the financial year 2022-2023, the corporation also declared an interim dividend in addition to its Q3 results.
The company said in a stock exchange filing that its board of directors has "approved an interim dividend for the financial year ending March 31, 2023 @ Rs. 3.50 per share (35%) on the paid-up capital of the company." In order to receive the said interim dividend The record date for the purpose of determining the eligible members has been fixed as Friday, the 17th February, 2023."
In Q3FY23, the Net Profit of Firstsource Solutions reached ₹157.92 Crore as compared to ₹135.46 Crore in Q3FY22, representing a YoY gain of 16.58%. The company reported net sales of ₹1503.31 Crore in the quarter ended December 2022 as compared to ₹1445.64 Crore in the quarter ended December 2021, representing an annual growth of 4%. The EPS of Firstsource Solutions stood at ₹2.32 in Q3FY23 as against ₹1.99 in Q3FY22.
Dr. Sanjiv Goenka, Chairman – RPSG Group and Firstsource Solutions commented, “Firstsource delivered a steady performance amid a challenging quarter. We fast-tracked our digital efforts, continued our focus on cost management and Formalized our commitment to growth. Our first ESG report. With a strong pipeline, an empowered workforce and a diversified portfolio, we are poised to capture new market opportunities over the next few quarters."
No comments:
Post a Comment