FSL quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Firstsource Solutions Ltd reported sales of ₹2,826 Cr, operating profit of ₹471 Cr (OPM 17%) and net profit of ₹232 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
FSL quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
2,102
2,161
2,218
2,312
2,443
2,583
2,725
2,826
Expenses
1,785
1,829
1,871
1,936
2,040
2,153
2,274
2,355
Operating Profit
318
333
347
376
403
430
451
471
OPM
15%
15%
16%
16%
16%
17%
17%
17%
Other Income
7
2
7
1
-97
-2
-66
-2
Interest
39
43
43
43
43
52
52
51
Depreciation
84
91
97
110
111
116
115
118
Profit before tax
201
202
213
224
152
261
219
299
Tax
20%
20%
21%
20%
21%
21%
24%
22%
Net Profit
160
161
169
180
120
205
166
232
EPS in Rs
2.27
2.27
2.39
2.54
1.7
2.9
2.35
3.29
FSL profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
5,921
6,022
6,336
7,980
9,556
10,577
Expenses
4,939
5,165
5,329
6,737
7,952
8,822
Operating Profit
982
858
1,008
1,244
1,605
1,755
OPM
17%
14%
16%
16%
17%
17%
Other Income
1
131
37
8
-91
-166
Interest
86
110
155
184
230
198
Depreciation
249
263
260
327
434
460
Profit before tax
647
615
630
741
850
931
Tax
17%
16%
18%
20%
21%
-
Net Profit
537
514
515
594
674
724
EPS in Rs
7.69
7.33
7.31
8.41
9.54
10.24
Dividend Payout
45%
47%
47%
47%
57%
-
FSL balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
697
697
-
697
697
Reserves
3,003
3,401
-
3,688
4,181
Borrowings
1,526
2,569
-
2,922
2,921
Other Liabilities
702
1,091
-
1,825
1,951
Total Liabilities
5,929
7,758
-
9,131
9,749
Fixed Assets
3,853
4,994
-
5,567
5,636
CWIP
17
49
-
30
6
Investments
42
73
-
116
126
Other Assets
2,017
2,642
-
3,419
3,981
Total Assets
5,929
7,758
-
9,131
9,749
FSL cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
704
795
644
701
1,214
Cash from Investing Activity
-594
17
-57
-744
-443
Cash from Financing Activity
-158
-743
-563
23
-667
Net Cash Flow
-49
69
23
-21
104
Free Cash Flow
631
744
559
477
1,082
CFO/OP
81%
100%
71%
66%
87%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit