Firstsource Solutions Reports Record High Net Sales and Operating Profit in Q1 2024

May 03 2024 03:25 PM IST
share
Share Via
Firstsource Solutions, a leading BPO/ITeS company, has announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Hold' call by MarketsMojo. Despite a flat performance, the company has recorded a record high in net sales and operating profit, indicating a positive trend for future growth.
Firstsource Solutions Reports Record High Net Sales and Operating Profit in Q1 2024
Firstsource Solutions, a leading BPO/ITeS company in the midcap industry, has recently announced its financial results for the quarter ending March 2024. The company's stock has been given a 'Hold' call by MarketsMOJO.

According to the financial report, Firstsource Solutions has shown a flat performance in the quarter, with a score of 2, which is an improvement from the previous quarter's score of -2. However, there are some positive aspects to the company's financials.

One of the highlights is the net sales for the quarter, which have reached a record high of Rs 1,670.46 crore, the highest in the last five quarters. This indicates a positive trend in the company's sales in the near term.

Another positive aspect is the operating profit (PBDIT) for the quarter, which has also reached a record high of Rs 250.33 crore, the highest in the last five quarters. This shows a positive trend in the company's operating profit in the near term.

Overall, Firstsource Solutions has shown a stable financial performance in the quarter ending March 2024. With its net sales and operating profit on an upward trend, the company is poised for growth in the near future.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News