| 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 | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 03-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 20-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| 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 | Audited |
| Segment Reporting | Single segment |
| Description of single segment | None |
| Start date and time of board meeting | 03-02-2026 15:00:00 |
| End date and time of board meeting | 03-02-2026 16:05:00 |
| 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 |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Disclosure for the Default on Loand and Debt Securities is Not applicable to the entity | |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 75,202.20 | 2,10,920.80 | |
| Other income | 1,094.70 | 3,300.70 | |
| Total income | 76,296.90 | 2,14,221.50 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 37,956.50 | 1,08,761.10 |
| (e) | Finance costs | 1,685.10 | 4,595.70 |
| (f) | Depreciation, depletion and amortisation expense | 5,346.90 | 15,148.60 |
| (f) | Other Expenses | ||
| 1 | Technology and applications support cost | 3,642.10 | 10,098.20 |
| 2 | Rent | 1,395.90 | 5,005.30 |
| 3 | Car hire charges | 1,550.00 | 4,544.40 |
| 4 | Repairs, maintenance and upkeep | 1,427.50 | 4,115.80 |
| 5 | Legal and professional fees | 1,635.30 | 3,368.00 |
| 6 | Electricity, water and power consumption | 803.70 | 2,458.80 |
| 7 | Connectivity expenses | 703.30 | 1,966.40 |
| 8 | Travel and conveyance | 580.20 | 1,414.40 |
| 9 | Recruitment and training expenses | 438.30 | 1,279.20 |
| 10 | Miscellaneous expenses, net | 2,242.10 | 6,157.80 |
| Total other expenses | 14,418.40 | 40,408.30 | |
| Total expenses | 59,406.90 | 1,68,913.70 | |
| 3 | Total profit before exceptional items and tax | 16,890.00 | 45,307.80 |
| 4 | Exceptional items | (9,746.70) | (9,746.70) |
| 5 | Total profit before tax | 7,143.30 | 35,561.10 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,248.10 | 6,239.70 |
| 8 | Deferred tax | 14.60 | 114.50 |
| 9 | Total tax expenses | 1,262.70 | 6,354.20 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 5,880.60 | 29,206.90 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 5,880.60 | 29,206.90 |
| 17 | Other comprehensive income net of taxes | (3,538.30) | (23,524.30) |
| 18 | Total Comprehensive Income for the period | 2,342.30 | 5,682.60 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 69,699.10 | 69,699.10 | |
| Face value of equity share capital | 10 | 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 | 0.85 | 4.23 | |
| Diluted earnings (loss) per share from continuing operations | 0.83 | 4.14 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.85 | 4.23 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.83 | 4.14 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The audited standalone financial results for the quarter and nine months ended December 31, 2025 have been approved by the Board of Directors at its meeting held on February 3, 2026. The statutory auditors have expressed an unmodified audit opinion. The financial results presented above is extracted from the audited condensed interim standalone financial statements for the quarter and nine months ended December 31, 2025. These condensed interim standalone 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. 2. Exceptional Items for the quarter ended December 31, 2025 consist of : a The Government of India notified the provisions of the four new Labour Codes (Labour Codes) on November 21, 2025, thereby consolidating twenty-nine existing labour laws into a comprehensive and unified framework. Among other changes, the Labour Codes provide a unified definition of wages to be applied across various employee benefit computations. In accordance with Ind AS 19 - Employee Benefits, the Company has recognised one-time expense of Rs. 886.75 million towards increase in liability in respect of gratuity and compensated absences. On notification of the rules under Labour Codes, the Company shall recognize additional impact, if any. b Provision for impairment of investment in associate of Rs. 87.92 milllion. 3. The Board of directors at its meeting held on February 3, 2026 has declared an interim dividend of Rs. 5.50 per equity share. 4. As per Ind AS 108 - Operating Segment ('Ind AS 108'), if a financial report contains both consolidated financial statements of a parent that is within the scope of this Ind AS as well as the parent's separate financial statements, segment information is required only in the consolidated financial statements. Accordingly, information required to be presented under Ind AS 108 - Operating Segment has been given in the consolidated financial results. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of the net defined benefit liability/asset | (1,103.40) | (1,103.40) |
| Total Amount of items that will not be reclassified to profit and loss | (1,103.40) | (1,103.40) | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 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 | (1,792.00) | (25,034.70) |
| 2 | Exchange difference on translation of foreign operations | 10.30 | 131.60 |
| Total Amount of items that will be reclassified to profit and loss | (1,781.70) | (24,903.10) | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 653.20 | (2,482.20) |
| 5 | Total Other comprehensive income | (3,538.30) | (23,524.30) |
| 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 | 31-07-2027 | ||
|---|---|---|---|---|---|