Firstsource Solutions Ltd Q1FY23 consolidated net profit declines to Rs. 85.09 crores

Firstsource Solutions Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 1478.709 crores during the period ended June 30, 2022 as compared to Rs. 1543.543 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 85.09 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 132.394 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 1.21 for the period ended June 30, 2022 as compared to Rs. 1.88 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 1478.709 crs	₹1543.543 crs	-4.20%
Net Profit	₹85.09 crs	₹132.394 crs	-35.73%
EPS	₹1.21	₹1.88	-35.64%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 1478.709 crores during the period ended June 30, 2022 as compared to Rs.1484.789 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.85.09 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.134.510 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.1.21 for the period ended June 30, 2022 as compared to Rs.1.91 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 1478.709 crs	₹1484.789 crs	-0.41%
Net Profit	₹85.09 crs	₹134.510 crs	-36.74%
EPS	₹1.21	₹1.91	-36.65%

Shares of Firstsource Solutions Limited was last trading in BSE at Rs. 105.85 as compared to the previous close of Rs. 109.60. The total number of shares traded during the day was 243843 in over 2451 trades.

The stock hit an intraday high of Rs. 109.80 and intraday low of 105.05. The net turnover during the day was Rs. 25922272.00.

Source : Equity Bulls

Keywords

FirstSourceSolutions Q1FY23 ResultUpdate FSL