BSEBoard Meeting29 Oct 2026 · 29 Oct 2026, 04:30 pm
The outcome of Board Meeting held on October 29, 2026 is as enclosed.
Firstsource Solutions Ltd · 532809
✦ AI SummaryResults
Firstsource Solutions Ltd has announced its audited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, showing a profit after tax of ₹3,983.57 crore and a total comprehensive income of ₹4,562.69 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
Firstsource Solutions Ltd - 532809 - Board Meeting Outcome for Meeting Held On October 29, 2026
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29th October 2026
National Stock Exchange of India BSE Limited (Scrip Code: 532809)
Limited (Scrip Code: FSL) Phiroze Jeejeebhoy Towers,
Exchange Plaza, Dalal Street,
Plot no. C/1, G Block, Mumbai - 400 001
Bandra-Kurla Complex
Bandra (East),
Mumbai - 400 051
Dear Madam/ Sir,
Sub: Declaration of Audited Standalone and Consolidated financial results for the Quarter
and Half Year ended 30th September 2026 (Q2 FY2026-27) and Outcome of the Board
Meeting
We wish to inform you that the Board of Directors of the Company at their meeting held today i.e.
29th October 2026, inter-alia approved the Audited Standalone and Consolidated Financial
Results for the quarter and half year ended 30th September 2026, copies of which are enclosed
herewith along with copies of Auditors' Reports thereon and a copy of Press Release relating to
the financial results.
The Meeting commenced at 3:00 p.m. and concluded at 4.00 p.m.
We request you to take the above 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)
Firstsource Solutions Limited
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026
CIN: L64202MH2001PLC134147
Registered office: 1st Floor, Athena Towers, Mindspace Malad, Malad West, Mumbai, Maharashtra, India, 400064
Tel: + 91 22 66660888, web: www.firstsource.com, email:complianceofficer@firstsource.com
(₹ in millions, except per share data and per equity data)
Quarter ended Six months ended Year ended
September 30 June 30 September 30 September 30 September 30 March 31
2026 2026 2025 2026 2025 2026
Particulars (Audited) (Audited) (Audited) (Audited) (Audited) (Audited)
Income
Revenue from operations 2 8,306.37 27,517.51 23,146.95 55,823.88 45,356.29 96,161.20
Other operating income, net ( 50.38) (268.75) (24.83) ( 319.13) (57.66) ( 597.26)
Other income, net ( 17.94) 6 1.10 (12.86) 4 3.16 55.41 7 4.53
Total income 2 8,238.05 27,309.86 23,109.26 55,547.91 45,354.04 9 5,638.47
Expenses
Employee benefits expense 1 5,785.69 15,315.67 13,617.67 31,101.36 26,824.68 5 5,902.91
Depreciation and amortization 1 ,184.05 1,146.36 1,095.56 2,330.41 2,068.03 4 ,340.89
Finance costs 5 09.93 517.54 427.60 1,027.47 8 61.97 1 ,814.66
Other expenses 7 ,764.88 7,420.02 5,744.20 15,184.90 11,242.84 2 4,099.24
Total expenses 2 5,244.55 24,399.59 20,885.03 49,644.14 40,997.52 8 6,157.70
Profit before exceptional items, share in net profit of associate and tax 2 ,993.50 2,910.27 2,224.23 5,903.77 4,356.52 9,480.77
Exceptional items, net expense/(income) - 7 16.86 (19.11) 7 16.86 (19.11) 9 82.34
Profit before tax and share in net profit of associate 2 ,993.50 2,193.41 2,243.34 5,186.91 4,375.63 8,498.43
Share in net profit of associate - - - - - -
Profit before tax 2,993.50 2,193.41 2,243.34 5,186.91 4,375.63 8,498.43
Tax expense
Current tax 6 31.18 509.41 473.70 1,140.59 9 57.63 1 ,868.81
Deferred tax 3 7.92 2 4.83 (25.49) 6 2.75 (70.38) ( 114.50)
Profit after tax 2 ,324.40 1,659.17 1,795.13 3,983.57 3,488.38 6 ,744.12
Other comprehensive income, net of taxes 1 30.82 448.30 216.42 579.12 (996.23) ( 207.81)
Total comprehensive income 2 ,455.22 2,107.47 2,011.55 4,562.69 2,492.15 6 ,536.31
Profit attributable to:
Owners of the equity 2 ,328.23 1,659.18 1,795.15 3,987.41 3,488.47 6 ,744.25
Non - controlling interest ( 3.83) (0.01) (0.02) (3.84) (0.09) ( 0.13)
2 ,324.40 1,659.17 1,795.13 3,983.57 3,488.38 6 ,744.12
Total comprehensive income attributable to:
Owners of the equity 2 ,458.97 2 ,107.67 2,011.47 4,566.64 2,492.18 6 ,536.32
Non - controlling interest ( 3.75) (0.20) 0 .08 (3.95) (0.03) ( 0.01)
2 ,455.22 2,107.47 2,011.55 4,562.69 2,492.15 6 ,536.31
Paid-up equity share capital (Face value per share of ₹ 10) 6 ,969.91 6,969.91 6,969.91 6,969.91 6,969.91 6 ,969.91
Other Equity 3 6,875.39
Earning per share (₹) : (Face value per share of ₹ 10)
-Basic 3 .37 2.40 2.60 5.77 5.05 9 .77
-Diluted 3 .31 2.36 2.54 5.66 4.95 9 .56
Notes to financial results :
1.TheauditedconsolidatedfinancialresultsforthequarterandsixmonthsendedSeptember30,2026havebeenapprovedbytheBoardofDirectorsatitsmeetingheldonOctober29,2026.The
statutoryauditorshaveexpressedanunmodifiedauditopinion.Thefinancialresultspresentedaboveisextractedfromtheauditedcondensedinterimconsolidatedfinancialstatementsforthequarter
andsixmonthsendedSeptember30,2026.ThesecondensedinterimconsolidatedfinancialstatementsarepreparedinaccordancewiththeIndianAccountingStandards34('IndAS34')'Interim
FinancialReporting',asprescribedunderSection133oftheCompaniesAct,2013readwithRule3oftheCompanies(IndianAccountingStandards)Rules,2015andrelevantamendmentrules
issued thereunder.
2. Consolidated statement of cash flows is attached in Annexure I.
3. Standalone Information (Audited) (₹ in millions)
Particulars Quarter ended Six months ended Year ended
September 30 June 30 September 30 September 30 September 30 March 31
2026 2026 2025 2026 2025 2026
Total income 9 ,291.84 8,940.47 6,850.37 18,232.31 13,792.46 2 9,244.95
Profit before tax and after exceptional items 2 ,626.91 2,665.51 1,177.83 5,292.42 2,841.78 5,432.32
Profit after tax and before other comprehensive income 1 ,994.14 2,067.91 9 80.45 4,062.05 2,332.63 4,321.03
Page 1
Firstsource Solutions Limited
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026
4. Statement of assets and liabilities (Audited)
(₹ in millions)
As at As at
Particulars September 30 March 31
2026 2026
ASSETS
Non-current assets
Property, plant and equipment 3,473.96 3,103.46
Capital work-in-progress 59.08 299.20
Right-of-use assets 8,474.60 8,558.20
Goodwill on consolidation 43,087.65 42,655.34
Other Intangible assets 1,088.39 1,351.38
Intangible assets under development 232.77 -
Financial assets
Investments 692.56 657.73
Other financial assets 1,060.41 917.95
Deferred tax assets 3,782.98 3,910.41
Income tax assets (net) 1,033.38 895.81
Others non-current assets 1,840.37 3,227.97
Total non-current assets 6 4,826.15 65,577.45
Current assets
Financial assets
Investments 571.66 501.56
Trade receivables
- Billed 15,596.31 13,093.86
- Unbilled 7,874.82 7,692.03
Cash and cash equivalents 3,518.26 2,585.84
Other balances with banks 72.65 106.88
Other financial assets 1,538.35 235.49
Other current assets 3,490.56 3,407.28
Total current assets 3 2,662.61 27,622.94
Total assets 9 7,488.76 93,200.39
EQUITY AND LIABILITIES
Equity
Equity share capital 6,969.91 6,969.91
Other equity 41,805.29 36,875.39
Total equity attributable to equity holders of the Company 4 8,775.20 43,845.30
Non - controlling interest - 3.95
Total equity 4 8,775.20 43,849.25
LIABILITIES
Non-current liabilities
Financial liabilities
Long term borrowings - 1,896.70
Lease liabilities 7,027.82 7,315.37
Other financial liabilities 2,058.79 2,327.96
Provisions 1,152.00 1,139.50
Deferred tax liabilities 1,881.09 1,886.41
Total non-current liabilities 1 2,119.70 14,565.94
Current liabilities
Financial liabilities
Short-term and other borrowings 19,414.09 17,478.01
Trade payables 6,815.88 5,579.33
Lease liabilities 2,764.05 2,528.87
Other financial liabilities 4,631.79 6,469.49
Other current liabilities 1,701.49 1,404.61
Provisions 1,039.89 973.31
Provision for income tax (net) 226.67 351.58
Total current liabilities 3 6,593.86 34,785.20
Total equity and liabilities 9 7,488.76 93,200.39
Page 2
Firstsource Solutions Limited
AUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026
5. Segment Reporting - Consolidated audited (₹ in millions)
Quarter ended Six months ended Year ended
September 30 June 30 September 30 September 30 September 30 March 31
Particulars
2026 2026 2025 2026 2025 2026
(Audited) (Audited) (Audited) (Audited) (Audited) (Audited)
Segment revenue
a) Banking and Financi
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