Integrated Filing — IndAS



General information about company
Scrip Code 532809
NSE Symbol FSL
MSEI Symbol NOTLISTED
ISIN INE684F01012
Name of company Firstsource Solutions Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 30-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 01-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 30-Jul-2025   12:00:00
End date and time of board meeting 30-Jul-2025   13:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 22176510000
Other income 68270000
Total income 22244780000
2 Expenses
(a) Cost of materials consumed 0
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0
(d) Employee benefit expense 13207010000
(e) Finance costs 434370000
(f) Depreciation, depletion and amortisation expense 972470000
(f) Other Expenses
1 Services rendered by business associates and others 1579200000 1579200000
2 Technology and applications support cost 683680000 683680000
3 Legal and professional fees 588060000 588060000
4 Communication expenses 531730000 531730000
5 Rent, net 358260000 358260000
6 Repairs, maintenance and upkeep 284420000 284420000
7 Marketing and support fees 244800000 244800000
8 Travel and conveyance 218930000 218930000
9 Car hire charges 167080000 167080000
10 Miscellaneous expenses, net 842480000 842480000
Total other expenses 5498640000
Total expenses 20112490000
3 Total profit before exceptional items and tax 2132290000
4 Exceptional items 0
5 Total profit before tax 2132290000
6 Tax expense
7 Current tax 483930000
8 Deferred tax -44890000
9 Total tax expenses 439040000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 1693250000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 1693250000
17 Other comprehensive income net of taxes -1212650000
18 Total Comprehensive Income for the period 480600000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1693320000
Total profit or loss, attributable to non-controlling interests -70000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 480710000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -110000
21 Details of equity share capital
Paid-up equity share capital 6969910000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.45
Diluted earnings (loss) per share from continuing operations 2.4
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.45
Diluted earnings (loss) per share from continuing and discontinued operations 2.4
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Notes: n1. The audited condensed interim consolidated financial statements for the quarter ended June 30 2025 have been taken on record by the Board of Directors at its meeting held on July 30 2025. The statutory auditors have expressed an unmodified audit opinion. The information presented above is extracted from the audited condensed interim consolidated financial statements. These financial statements are prepared in accordance with the Indian Accounting Standards 34 ('Ind AS 34') 'Interim Financial Reporting', as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules issued thereunder. n n2. On July 18, 2025, the Group, through its wholly owned subsidiary Firstsource Solutions UK Limited, has executed a share purchase agreement to acquire 100% ownership of Pastdue Credit Solutions Limited ('PDC'), a UK-based collections agency, for a consideration of GBP 22 million, including earn out payments, subject to regulatory approvals. Upon completion of transaction, PDC will become a wholly owned subsidiary of Firstsource Solutions UK Limited. n n nProfit and loss Notes: n1.Revenue from operations includes Other operating income, net. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Banking and Financial Services 7224890000 7224890000
2 Healthcare 7418430000 7418430000
3 Communication, Media and Technology 4970000000 4970000000
4 Diverse Industries 2596020000 2596020000
Total Segment Revenue 22209340000
Less: Inter segment revenue
Revenue from operations 22209340000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Banking and Financial Services 1499020000 1499020000
2 Healthcare 905690000 905690000
3 Communication, Media and Technology 801470000 801470000
4 Diverse Industries 232330000 232330000
Total Profit before tax 3438510000
i. Finance cost 434370000 434370000
ii. Other Unallocable Expenditure net off Unallocable income 871850000 871850000
Profit before tax 2132290000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Banking and Financial Services 0 0
2 Healthcare 0 0
3 Communication, Media and Technology 0 0
4 Diverse Industries 0 0
Total Segment Asset 0 0
Un-allocable Assets 0 0
Net Segment Asset 0 0
4 Segment Liabilities
Segment Liabilities
1 Banking and Financial Services 0 0
2 Healthcare 0 0
3 Communication, Media and Technology 0 0
4 Diverse Industries 0 0
Total Segment Liabilities 0 0
Un-allocable Liabilities 0 0
Net Segment Liabilities 0 0
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0
3 Amount of items that will be reclassified to profit and loss
1 Net changes in fair value on derivatives designated as cash flow hedges -1432300000 -1432300000
2 Exchange difference on translation of foreign operations 30980000 30980000
Total Amount of items that will be reclassified to profit and loss -1401320000
4 Income tax relating to items that will be reclassified to profit or loss -188670000
5 Total Other comprehensive income -1212650000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins Sells LLP Yes 31-Jul-2027