FSLNSEFirstsource Solutions Limited· Computers - SoftwareMediumNeutral
Announced Tue, 4 Nov · 16:41 IST

Firstsource Solutions Limited has informed the Exchange regarding Appointment of Ms. Jagriti Bhattacharya as Other of the company w.e.f. November 04, 2025.

Management Changes View source PDF

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AI summary

Firstsource Solutions' board approved audited Q2 FY26 results (quarter ended September 30, 2025). Consolidated revenue from operations rose to ₹23,147 million, up about 20% year-on-year, while net profit after tax grew to ₹1,795 million, up roughly 30% YoY. Basic EPS stood at ₹2.60 versus ₹2.01 in the year-ago quarter. The company also disclosed a strategic minority investment in an AI-focused firm called Applied AI during the quarter. Additionally, the board appointed Ms. Jagriti Bhattacharya as Executive Vice President and General Counsel (a Senior Management Personnel role), and approved a scheme to merge two wholly owned subsidiaries — Firstsource Process Management Services Limited and Accunai India Services Private Limited — into Firstsource Solutions, subject to shareholder, NCLT, and other regulatory approvals. The statutory auditors (Deloitte Haskins & Sells LLP) issued an unmodified audit opinion on both standalone and consolidated results.

Likely market impact

The double-digit revenue and profit growth signals healthy business momentum, and the AI investment and new General Counsel appointment point to a focus on technology and governance strength. The merger of wholly owned subsidiaries is a pure internal restructuring with no impact on consolidated financials or shareholding, and is broadly neutral to shareholders.