Firstsource Solutions Limited has informed the Exchange about Transcript

Firstsource Solutions reported a strong Q1FY26 with revenue of Rs 22.2 billion (US$259 million), up 23.8% YoY in INR and 19.2% YoY in constant currency, marking seven consecutive quarters of sequential growth. EBIT margin came in at 11.3%, up 10 bps QoQ and 30 bps YoY — the fourth straight quarter of margin expansion, within the guided 11.25–12% band. Net profit was Rs 1.7 billion with diluted EPS of Rs 2.4. The company signed four large deals (>US$5M ACV) and added 17 new logos, including 9 strategic ones — the highest logo addition in three years. Cash conversion was strong with OCF/EBITDA at 102% and FCF/PAT at 196%, the highest in six quarters. Net debt declined to Rs 11.2 billion from Rs 13.2 billion. Management raised FY26 revenue growth guidance to 13–15% in constant currency (from 12–13%) while retaining the margin band. The Pastdue Credit (PDC) UK acquisition for GBP 22 million is pending regulatory approval and is expected to be margin and EPS accretive.