Firstsource Solutions Limited — Investor Meet, 30-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Firstsource Solutions reported a strong Q2FY25, with revenue growth of 25% YoY, reaching Rs. 19.3 billion. Operating margins remained stable at 11.1%. The company secured three large deals, enhancing its healthy deal pipeline, and added 13 new clients. The Ascensos acquisition is expected to accelerate growth in the retail sector. Looking ahead, the revenue growth guidance for FY25 is raised to 19.5%-20.5%. The workforce now stands at 32,898, with a decreasing attrition rate of 31%.