Firstsource Solutions Ltd Q4 FY20 consolidated PAT climbs QoQ to Rs. 91.57 crore

FIRSTSOURCE SOLUTIONS LTD. has reported financial results for the period ended March 31, 2020.

Financial Results (Q4 FY19-20) - QoQ Comparison

The company has reported total income of Rs.1081.04 crores during the period ended March 31, 2020 as compared to Rs.1054.71 crores during the period ended December 31, 2019.

The company has posted net profit / (loss) of Rs.91.57 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.89.54 crores for the period ended December 31, 2019.

The company has reported EPS of Rs.1.31 for the period ended March 31, 2020 as compared to Rs.1.29 for the period ended December 31, 2019.

Financials	Q4 FY19-20	Q3 FY19-20	% Change
Total Income	₹ 1081.04 crs	₹ 1054.71 crs	2.5%
Net Profit	₹ 91.57 crs	₹ 89.54 crs	2.27%
EPS	₹ 1.31	₹ 1.29	1.55%

Financial Results (Q4 FY19-20) - YoY Comparison

The company has reported total income of Rs.1081.04 crores during the period ended March 31, 2020 as compared to Rs.968.19 crores during the period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.91.57 crores for the period ended March 31, 2020 as against net profit / (loss) of Rs.98.24 crores for the period ended March 31, 2019.

The company has reported EPS of Rs.1.31 for the period ended March 31, 2020 as compared to Rs.1.42 for the period ended March 31, 2019.

Financials	Q4 FY19-20	Q4 FY18-19	% Change
Total Income	₹ 1081.04 crs	₹ 968.19 crs	11.66%
Net Profit	₹ 91.57 crs	₹ 98.24 crs	-6.79%
EPS	₹ 1.31	₹ 1.42	-7.75%

Financial Results (12 months ended FY 19-20) - YoY Comparison

The company has reported total income of Rs.4107.45 crores during the 12 months period ended March 31, 2020 as compared to Rs.3830.16 crores during the 12 months period ended March 31, 2019.

The company has posted net profit / (loss) of Rs.339.68 crores for the 12 months period ended March 31, 2020 as against net profit / (loss) of Rs.377.78 crores for the 12 months period ended March 31, 2019.

The company has reported EPS of Rs.4.89 for the 12 months period ended March 31, 2020 as compared to Rs.5.45 for the 12 months period ended March 31, 2019.

Financials	Year Ended FY19-20	Year Ended FY18-19	% Change
Total Income	₹ 4107.45 crs	₹ 3830.16 crs	7.24%
Net Profit	₹ 339.68 crs	₹ 377.78 crs	-10.09%
EPS	₹ 4.89	₹5.45	-10.28%

Speaking on the results, Sanjiv Goenka, Chairman, RPSG Group and Firstsource Solutions said, "Notwithstanding the debilitating pandemic, we are pleased with our Q4 progress - we adapted rapidly to a distributed operating model to serve our client's needs, we actively managed the safety and well-being of our employees, grew revenues by 8.2% and made meaningful progress on our growth strategy. I am very confident that Firstsource's well balanced industry portfolio, its geo-delivery mix, its agile operating model and continued pivot on Digital will weather these difficult times and make strong gains coming out of the pandemic."

Shares of FIRSTSOURCE SOLUTIONS LTD. was last trading in BSE at Rs.30.2 as compared to the previous close of Rs. 30.4. The total number of shares traded during the day was 86826 in over 746 trades.

The stock hit an intraday high of Rs. 30.7 and intraday low of 29.25. The net turnover during the day was Rs. 2587686.

Source : Equity Bulls

Keywords