Firstsource Q3 Profit Dips 33% QoQ to ₹120 Cr, Revenue and Margins Rise; Dividend Declared

• Firstsource Solutions reported a net profit of ₹120 crore in Q3, a 33% quarter-on-quarter decrease from ₹179.5 crore.
• Revenue for Q3 grew by 6.6% to ₹2,467 crore, up from ₹2,314.6 crore in the previous quarter.
• EBIT increased by 17.3% to ₹315.6 crore, with the EBIT margin expanding to 12.8% from 11.6%.
• The company incurred a one-time expense of ₹91.35 crore in Q3 due to India’s new labour codes.
• Firstsource declared an interim dividend of ₹5.50 per share for FY2025-26 and approved 943,000 stock options for employees.

Why It Matters: Firstsource saw a profit dip due to one-time expenses, but revenue and margins improved, and a dividend was declared.