Firstsource Solutions reports strong Q2 FY2026 results, revenue up 20.1%

Firstsource Solutions Limited reported its consolidated financial results for the quarter and half year ended September 30, 2025. For Q2 FY2026, revenues reached ₹23,122 million, a 20.1% year-over-year increase, with profit after tax (PAT) at ₹1,795 million. Diluted earnings per share (EPS) for the quarter was ₹2.54, and free cash flow (FCF) to PAT stood at 117%.

The half-year results also demonstrated strong growth, with revenues of ₹45,299 million, up 21.9% year-over-year. PAT for the half year was ₹3,488 million, with a diluted EPS of ₹4.95 and an FCF to PAT of 155%. The company added over 1,500 net headcount during Q2 FY2026, with attrition declining to 28.0%.

Firstsource also announced key business highlights, including four large deal wins and the addition of 10 new logos, with strategic investments in Applied AI. The board of directors approved a scheme of merger through amalgamation involving two wholly-owned subsidiaries with Firstsource Solutions Limited to simplify group structure and enhance efficiency. The company maintained its FY26 outlook, expecting revenue growth of 13% to 15% in constant currency terms.