Firstsource Solutions disclosed a marginal rise in consolidated net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 0.99% to Rs 618.50 million from Rs 612.41 million in the same quarter previous year.
Revenues for the quarter rose marginally 2.4% to Rs 7,924.78 million, compared with Rs 7,740 million for the prior year period.
Earnings per share for the quarter stood at Rs 0.89, registering 2.30% growth over previous year period.
Firstsource Group USA, wholly owned subsidiary of Firstsource Solutions successfully made the quarterly principal repayment of USD 11.25 million on its outstanding debt on Sep 30, 2015.
The company signed a large transformational deal with UK's largest retail bank and mortgage lender. The transformational nature of this deal involves significant elements of process re-engineering and automation.
Shares of the company declined Rs 2.30, or 6.91%, to settle at Rs 31 at the BSE (Thursday).