Firstsource Solutions Limited — Quarter and year ended March 31, 2026 (Q4 FY2025-26)
| Particulars |
Quarter ended |
Year ended |
|
March 31, 2026 (Audited) |
December 31, 2025 (Audited) |
| Income |
|
|
| Revenue from operations |
26,130.44 |
24,674.47 |
| Other operating income, net |
(295.90) |
(243.70) |
| Other income, net |
(17.08) |
36.20 |
| Total income |
25,817.46 |
24,466.97 |
| Expenses |
|
|
| Employee benefits expense |
14,766.49 |
14,311.74 |
| Depreciation and amortization |
1,160.87 |
1,111.99 |
| Finance costs |
520.19 |
432.50 |
| Other expenses |
6,763.88 |
6,092.52 |
| Total expenses |
23,211.43 |
21,948.75 |
| Profit before exceptional items, share in net profit of associate and tax |
2,606.03 |
2,518.22 |
| Exceptional items, net expense / (income) |
– |
1,001.45 |
| Profit before tax and share in net profit of associate |
2,606.03 |
1,516.77 |
| Share in net profit of associate |
– |
– |
| Profit before tax |
2,606.03 |
1,516.77 |
| Tax expense |
|
|
| Current tax |
522.79 |
388.39 |
| Deferred tax |
30.79 |
(74.91) |
| Net profit after tax |
2,052.45 |
1,203.29 |
| Other comprehensive income, net of taxes |
794.18 |
(5.76) |
| Total comprehensive income |
2,846.63 |
1,197.53 |
| Profit attributable to: |
|
|
| Owners of the equity |
2,052.44 |
1,203.34 |
| Non – controlling interest |
0.01 |
(0.05) |
|
2,052.45 |
1,203.29 |
| Total comprehensive income attributable to: |
|
|
| Owners of the equity |
2,846.56 |
1,197.58 |
| Non – controlling interest |
0.07 |
(0.05) |
|
2,846.63 |
1,197.53 |
| Paid-up equity share capital (Face value per share of ₹ 10) |
6,969.91 |
6,969.91 |
| Other Equity |
|
|
| Earning per share (₹) : (Face value per share of ₹ 10) |
|
|
| – Basic |
2.97 |
1.74 |
| – Diluted |
2.91 |
1.71 |
| Particulars |
As at March 31, 2026 |
As at March 31, 2025 |
| ASSETS |
|
|
| Non-current assets |
|
|
| Property, plant and equipment |
3,103.46 |
2,762.90 |
| Capital work-in-progress |
299.20 |
491.41 |
| Right-of-use assets |
8,558.20 |
9,125.76 |
| Goodwill on consolidation |
42,655.34 |
36,799.24 |
| Other Intangible assets |
1,351.38 |
1,247.60 |
| Investment in associates accounted for using the equity method |
– |
0.07 |
| Financial assets |
|
|
| Investments |
657.73 |
115.21 |
| Other financial assets |
917.95 |
1,026.46 |
| Deferred tax assets |
3,910.41 |
2,734.63 |
| Income tax assets (net) |
895.81 |
713.93 |
| Others non-current assets |
3,227.97 |
1,964.65 |
| Total non-current assets |
65,577.45 |
56,981.86 |
| Current assets |
|
|
| Financial assets |
|
|
| Investments |
501.56 |
615.63 |
| Trade receivables |
|
|
| – Billed |
13,093.86 |
11,677.13 |
| – Unbilled |
7,692.03 |
5,183.18 |
| Cash and cash equivalents |
2,585.84 |
1,542.12 |
| Other balances with banks |
106.88 |
127.81 |
| Other financial assets |
235.49 |
206.32 |
| Other current assets |
3,407.28 |
2,888.28 |
| Total current assets |
27,622.94 |
22,240.47 |
| Total assets |
93,200.39 |
79,222.33 |
| EQUITY AND LIABILITIES |
|
|
| ——————————————————————————— |
———————- |
———————- |
| Equity |
|
|
| Equity share capital |
6,969.91 |
6,969.91 |
| Other equity |
36,875.39 |
34,006.39 |
| Total equity attributable to equity holders of the Company |
43,845.30 |
40,976.30 |
| Non – controlling interest |
3.95 |
3.96 |
| Total equity |
43,849.25 |
40,980.26 |
| LIABILITIES |
|
|
| Non-current liabilities |
|
|
| Financial liabilities |
|
|
| Long term borrowings |
1,896.70 |
3,419.00 |
| Lease liabilities |
7,315.37 |
8,069.81 |
| Other financial liabilities |
2,327.96 |
580.48 |
| Provisions |
1,139.50 |
240.82 |
| Deferred tax liabilities |
1,886.41 |
1,645.11 |
| Total non-current liabilities |
14,565.94 |
13,955.22 |
| Current liabilities |
|
|
| Financial liabilities |
|
|
| Short-term and other borrowings |
17,478.01 |
11,907.95 |
| Trade payables |
5,579.33 |
3,976.20 |
| Lease liabilities |
2,528.87 |
2,295.86 |
| Other financial liabilities |
6,469.49 |
4,208.59 |
| Other current liabilities |
1,404.61 |
1,105.52 |
| Provisions |
973.31 |
643.34 |
| Provision for income tax (net) |
351.58 |
149.39 |
| Total current liabilities |
34,785.20 |
24,286.85 |
| Total equity and liabilities |
93,200.39 |
79,222.33 |
| Particulars |
Quarter ended |
Year ended |
|
March 31 2026
(Audited) |
December 31 2025
(Audited) |
| Segment revenue |
|
|
| a) Banking and Financial Services |
8,413.05 |
7,811.40 |
| b) Healthcare |
8,981.00 |
7,925.12 |
| c) Communication, Media and Technology |
5,212.13 |
5,237.19 |
| d) Diverse Industries |
3,524.27 |
3,700.76 |
| Total |
26,130.45 |
24,674.47 |
| Less: Inter-segment revenue |
– |
– |
| Net segment revenue |
26,130.45 |
24,674.47 |
| Segment results before tax and finance costs |
|
|
| a) Banking and Financial Services |
1,717.22 |
1,409.11 |
| b) Healthcare |
1,262.14 |
1,070.00 |
| c) Communication, Media and Technology |
1,092.25 |
1,063.59 |
| d) Diverse Industries |
371.53 |
472.53 |
| Total |
4,443.14 |
4,021.23 |
| i) Finance costs |
(520.19) |
(432.50) |
| ii) Other unallocable expenditure net of unallocable income |
(1,316.92) |
(1,070.51) |
| Profit before exceptional items, share in net profit of associate and tax |
2,606.03 |
2,518.22 |
| i) Exceptional items, net (expense) / income |
– |
(1,001.45) |
| ii) Share in net profit of associate |
– |
– |
| Profit before tax and other comprehensive income |
2,606.03 |
1,516.77 |
| Particulars |
Year ended March 31, 2026 |
Year ended March 31, 2025 |
| Cash flow from operating activities |
|
|
| Net profit before tax and non controlling interest |
8,498.43 |
7,406.51 |
| Adjustments for |
|
|
| Depreciation and amortization |
4,340.89 |
3,270.35 |
| Allowance for expected credit loss, net |
76.32 |
110.31 |
| Loss on sale of property, plant and equipment, net |
17.77 |
49.98 |
| Foreign exchange loss, net unrealized |
855.93 |
325.24 |
| Finance costs |
1,814.66 |
1,478.76 |
| Interest income |
(40.70) |
(26.84) |
| Profit on sale / redemption of investments |
(60.44) |
(68.45) |
| Employee stock compensation expense |
633.85 |
715.88 |
| Exceptional items, net expense / (income) |
982.34 |
(88.09 |
