FSL Firstsource Solutions Q2 FY26 results (Jul–Sep 2025) and concall
Firstsource Solutions delivered a robust Q2 FY26, marking its sixth consecutive quarter of double-digit YoY revenue growth. The company is successfully executing its 'One Firstsource' framework, evidenced by a record $1 billion deal pipeline and significant margin expansion despite annual wage hikes. Management is pivotting from labor arbitrage to 'technology arbitrage' via its UnBPO model, supported by strategic investments in AI firms like AppliedAI and Lyzr.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q2 FY26: revenue up 24.5%, net profit up 6.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 542 | 624 | 628 | 682 | 675 +25% |
| EBITDA | 140 | 158 | 168 | 212 | 177 +26% |
| Net profit | 92 | 148 | 92 | 135 | 98 +7% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
