Firstsource Solutions Ltd Q4FY21 consolidated net profit at Rs. 46.67 crore

FIRSTSOURCE SOLUTIONS LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.1460.89 crores during the period ended March 31, 2021 as compared to Rs.1366.49 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.46.67 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.121.04 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.66 for the period ended March 31, 2021 as compared to Rs.1.72 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 1460.89 crs	₹ 1366.49 crs	6.91%
Net Profit	₹ 46.67 crs	₹ 121.04 crs	-61.44%
EPS	₹ 0.66	₹ 1.72	-61.63%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.1460.89 crores during the period ended March 31, 2021 as compared to Rs.1081.04 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.46.67 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.91.57 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.0.66 for the period ended March 31, 2021 as compared to Rs.1.31 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 1460.89 crs	₹ 1081.04 crs	35.14%
Net Profit	₹ 46.67 crs	₹ 91.57 crs	-49.03%
EPS	₹ 0.66	₹ 1.31	-49.62%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.5079.24 crores during the 12 months period ended March 31, 2021 as compared to Rs.4107.45 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.361.68 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.339.68 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.5.13 for the 12 months period ended March 31, 2021 as compared to Rs.4.89 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 5079.24 crs	₹ 4107.45 crs	23.66%
Net Profit	₹ 361.68 crs	₹ 339.68 crs	6.48%
EPS	₹ 5.13	₹4.89	4.91%

Dr. Sanjiv Goenka, Chairman, RPSG Group and Firstsource Solutions, commented, "As the second COVID wave rips relentlessly though the country, I'd like to wish our employees, their families and communities, strength and good health in the days to come. Our Q4 results cap an impressive year where Firstsource delivered an industry leading revenue growth of 35.4% YoY, with all segments growing consistently. I'm very pleased with how our digital services offerings continue to mature and scale, enabling us to play an integral role in our clients' digital journeys. Looking ahead, we see a great year of growth with our business performing well in an improving economic outlook."

Shares of FIRSTSOURCE SOLUTIONS LTD. was last trading in BSE at Rs.126.35 as compared to the previous close of Rs. 130.9. The total number of shares traded during the day was 657405 in over 5074 trades.

The stock hit an intraday high of Rs. 131.45 and intraday low of 125.05. The net turnover during the day was Rs. 83692968.

Source : Equity Bulls

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