Firstsource Solutions Limited — Investor Meet, 06-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Firstsource Solutions reported Q2FY26 revenue of Rs. 2,310 Cr (+20.1% YoY, +13.8% CC) and Net Profit of Rs. 180 Cr (+30% YoY). EBIT margin rose to 11.5%, marking the fourth consecutive expansion. The company secured four large deals and added ten new logos, with the deal pipeline now exceeding $1 billion. Management expects an accelerated growth trajectory in H2FY26, reaffirming FY26 constant currency revenue growth of 13-15% and EBIT margin of 11.25-12%, trending towards the higher end. Strategic focus remains on 'UnBPO' – shifting to technology arbitrage with AI investments (AppliedAI, Lyzr) for efficiency gains and new market opportunities. Management expressed confidence in achieving industry-leading growth and continued margin improvement.