Firstsource Solutions Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 30, 2025
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Firstsource Solutions has submitted its Annual Report for FY 2024-25 to the exchanges, along with the notice for its 24th AGM scheduled for July 30, 2025, filed under SEBI Regulation 34(1). The company reported revenue growth of 25.9% year-on-year, nearing the USD 1 billion mark, with Profit After Tax rising 21.7%. During the year, Firstsource won 14 large deals (including 5 from new logos), launched its UnBPO™ strategy, and introduced new platforms such as Firstsource relAI™ and Agentic AI Studio. Key business wins include a USD 200 million total contract value deal with a major UK energy supplier and the company's largest-ever BPaaS engagement — a five-year partnership with a North American health plan. The company also expanded its global footprint through the Ascensos acquisition (adding UK retail clients and delivery centres in South Africa, Romania, and Trinidad & Tobago) and a new onshore delivery centre and AI Innovation Lab in Melbourne, Australia. Headcount stood at 34,651 employees across 10 countries, with women comprising 46.4% of the workforce, and the company reaffirmed its commitment to expanding EBIT margins by 50–75 basis points annually.
For shareholders, this is a routine but positive regulatory filing accompanied by a strong annual report. The robust revenue and profit growth, expanding deal pipeline, and clear margin guidance should support investor confidence ahead of the July 30 AGM, where members will review and approve the FY25 accounts and consider other business items.