Firstsource Solutions reports 24% revenue growth in Q1

Firstsource Solutions reported Q1 FY26 revenues of INR 22,177 million, marking 23.8% year-on-year growth. Profit after tax rose 25.2% to INR 1,693 million with a 7.6% margin.

The company secured four large deal wins and added 17 new clients, the highest in three years. Employee attrition declined to 28.9%.

Firstsource announced the acquisition of Pastdue Credit Solutions Limited for £22 million, subject to regulatory approvals. The company projects FY26 revenue growth of 13-15% in constant currency.