NSEUpdates14 Jul 2026 · 14 Jul 2026, 08:33 pm
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Firstsource Solutions Limited · FSL
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Firstsource Solutions Limited has submitted its Business Responsibility and Sustainability Report for FY 2025-26, prepared on a consolidated basis, along with an Independent Practitioners' Limited Assurance Report on the BRSR Core Indicators.
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Full Announcement
Firstsource Solutions Limited has informed the Exchange regarding 'Submission of Business Responsibility and Sustainability Report for FY 2025-26'.
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FSL_14072026203311_Covering_Letter_-_BRSR.pdf
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14th July 2026
National Stock Exchange of India Limited BSE Limited
(Scrip Code: FSL) (Scrip Code: 532809)
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Plot no. C/1, G Block, Dalal Street,
Bandra-Kurla Complex Mumbai - 400 001
Bandra (East),
Mumbai - 400 051
Dear Madam/ Sir,
Sub: Business Responsibility and Sustainability Reporting FY 2025-26
Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith
the Business Responsibility and Sustainability Report for Financial Year 2025-26 along
with Independent Practitioners’ Limited Assurance Report on the BRSR Core Indicators,
provided by Deloitte Haskins & Sells LLP, which also forms part of the Annual Report for
Financial Year 2025-26.
You are kindly requested to take the same on record and oblige.
Thanking you,
For Firstsource Solutions Limited
Pooja Nambiar
Company Secretary
Encl: A/a
Firstsource Solutions Ltd
1st Floor, Athena Towers, Mindspace Malad, Goregaon (W), Mumbai – 400 063 India
Tel: +91 (22) 6666 0888 | Fax: +91 (22) 6666 0887 | Web: www.firstsource.com
(CIN: L64202MH2001PLC134147)
Corporate Overview Statutory Reports Financial Reports
Business Responsibility and Sustainability Report
Section A: General Disclosures
I. Details of the listed entity
1 Corporate Identity Number (CIN) of the Listed Entity L64202MH2001PLC134147
2 Name of the Listed Entity Firstsource Solutions Limited
3 Year of incorporation December 6, 2001
4 Registered office address 1st Floor, Athena Towers, Mindspace Malad, Goregaon (W),
Mumbai – 400 063 India
5 Corporate address 1st Floor, Athena Towers, Mindspace Malad, Goregaon (W),
Mumbai – 400 063 India
6 E-mail investor.relations@firstsource .com
7 Telephone +91 22 6666 0888
8 Website https://www.firstsource.com/
9 Financial year for which reporting is being done April 1, 2025 – March 31, 2026
10 Name of the Stock Exchange(s) where shares are listed • BSE Limited
• National Stock Exchange of India Limited (NSE)
11 Paid-up Capital ` 6,969.91 million
12 Name and contact details (telephone, email address) of the person Name: Ms Shamita Mukherjee
who may be contacted in case of any queries on the BRSR report Designation: Chief Human Resource Officer (CHRO)
E-mail id: investor.relations@firstsource.com
Contact: +91 22 6666 0888
13 Reporting boundary - Are the disclosures under this report made on a The disclosures contained in this Business Responsibility and
standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. Sustainability Report (BRSR) are presented on a consolidated
for the entity and all the entities which form a part of its consolidated basis and encompass Firstsource Solutions Limited and all
financial statements, taken together) entities included in its consolidated financial statements for FY
2025–26. The report covers operations across all geographies in
which the Group has presence, including India, the United States,
the United Kingdom, the Philippines, Mexico, Australia, South
Africa, Romania, Trinidad & Tobago, and the United Arab Emirates.
Unless otherwise specified, all quantitative and qualitative
disclosures reflect consolidated performance and data for the
Group as a whole.
FY 2025–26 marks the first year in which the BRSR disclosures
have been prepared on a consolidated basis. Accordingly, certain
disclosures may not be directly comparable with FY 2024–25, as
the previous year's BRSR was prepared on a standalone basis and
reflected data pertaining only to Firstsource Solutions Limited.
Any material limitations to year-on-year comparability arising from
this change in reporting boundary should be considered while
interpreting performance trends and metrics.
14 Name of assessment or assurance provider Deloitte Haskins & Sells LLP
15 Type of assessment or assurance obtained BRSR Core KPI's - Limited Assurance
II. Products/services
16. Details of business activities (accounting for 90% of the turnover):
Sr. % of Turnover of
Description of Main Activity Description of Business Activity
No. the entity
1 BPS services (NIC Code: 63999) To provide IT enabled BPS services to Banking and Financial services, 100.00%
Healthcare, Communication Media and Technology and Other Diverse
Industries.
17. Products/Services sold by the entity (accounting for 90% of the entity's Turnover):
Sr. % of total Turnover
Product/Service NIC Code
No. contributed
1 Healthcare 63999 33.40%
2 Banking, Financial Services 63999 32.40%
3 Communication Media & technology 63999 21.20%
4 Other Diverse Industries 63999 13.00%
1 | Annual Report 2025 - 26
III. Operations
18. Number of locations where plants and/or operations/offices of the entity are situated:
Locations Number of plants Number of offices Total
National 0 20 20
International 0 37 37
19. Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States) 8
International (No. of Countries) 9
Note: These are operational locations as on 31st March 2026
b. What is the contribution of exports as a percentage of the total turnover of the entity?
99.74%
c. A brief on types of customers
Firstsource assists customers in reimagining business processes and enhancing efficiency through digital interventions and
solutions in the banking and financial services, healthcare, communications, media & technology, and other diverse industries.
Firstsource's customers represent a wide range of industry sectors across the world. Firstsource serves more than 150
clients, including Fortune 500 and FTSE 100 companies across diversified sectors
IV. Employees
20. Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
Sr. Male Female Others
Particulars Total (A)
No. No. (B) % (B/A) No. (C) %(C/A) No. (E) % (E/A)
EMPLOYEES
1 Permanent (D) 8292 4938 59.55% 3350 40.40% 4 0.05%
2 Other than Permanent (E) 17 7 41.18% 10 58.82% 0 0
3 Total employees (D + E) 8309 4945 59.51% 3360 40.44% 4 0.05%
WORKERS
4 Permanent (F) 25300 12436 49.15% 12816 50.66% 48 0.19%
5 Other than Permanent (G) 2596 1197 46.11% 1399 53.89% 0 0
6 Total workers (F + G) 27896 13633 48.87% 14215 50.96% 48 0.17%
b. Differently abled Employees and workers:
Sr. Male Female Others
Particulars Total (A)
No. No. (B) % (B/A) No. (C) %(C/A) No. (D) %(D/A)
DIFFERENTLY ABLED EMPLOYEES
1 Permanent (D) 78 36 46.15% 42 53.85% 0 0
2 Other than Permanent (E) 0 0 0.00% 0 0.00% 0 0
3 Total differently abled employees (D + E) 78 36 46.15% 42 53.85% 0 0
DIFFERENTLY ABLED WORKERS
4 Permanent (F) 300 92 30.67% 202 67.33% 6 2.0%
5 Other than Permanent (G) 8 3 37.50% 5 62.50% 0 0
6 Total differently abled workers (F + G) 308 95 30.84% 207 67.21% 6 1.95%
21. Participation/Inclusion/Representation of women
No. and percentage of
Total (A) Females
No. (B) % (B/A)
Board of Directors 11* 2 18.18%
Key Management Personnel 3 1 33.33%
Note: *Mr Sunil Mitra, Independent Director, passed away in January 12, 2026 and has therefore not been included in the reported count as of the reporting date.
Mr Paras Kumar Chowdhary, who was appointed as an Independent Director with effect from March 5, 2026 has been included in the count.
Accordingly, the disclosure reflects the composition of the Board as at the end of the reporting period.
Firstsource Solutions Limited | 2
Corporate Overview Statutory Reports Financial Reports
22. Turnover rate for permanent employees and workers (Disclose trends for the past 3 years)
FY 2023-24
FY 2025-26 FY 2024-25
(Turnover rate in the year prior to
(Turnover rate in current FY) (Turnover rate in previous FY)
the previous FY)
Male Female Total Male Female Total Male Female Total
Permanent employees 18.39% 17.37% 17.99% 16.68% 18.98% 17.46% 15.71% 20.16% 17.00%
Permanent workers 35.62% 34.18% 34.92% 33.30% 31.17% 32.49% 36.50% 39.12% 37.51%
Note:
1. The turnover excludes ‘less than 180 days’ and ‘ramp-down turnover’.
2. All categories, such as permanent, part-timers, etc. have been included in the empl
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