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Firstsour.Solu.

Q2 FY26

Firstsour.Solu. Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹282
Market cap₹19.9K Cr
P/E25.0
Updated16 Oct 2026
Read4 min read

Firstsour.Solu. Q2 FY26 key numbers

Revenue
Deal pipeline surpassed $1 billion for the first time, increasing 5%-10% each quarter on average.

As stated in Firstsour.Solu.'s Q2 FY26 earnings call transcript · published 18 Jul 2026. Reported figures, not investment advice.

The short version

Expect constant currency revenue growth for FY26 in the 13%-15% range, placing Firstsource in the industry's top decile. Firstsource Solutions Limited expects constant currency revenue growth for FY26 in the 13%-15% range, placing it in the top decile for its industry.

From Firstsour.Solu.'s Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Expect constant currency revenue growth for FY26 in the 13%-15% range, placing Firstsource in the industry's top decile.
  • Deal pipeline surpassed $1 billion for the first time, increasing 5%-10% each quarter on average.
  • Consistent large deal wins with four or more deals for the third consecutive quarter indicate strong sales momentum.
  • New geographic expansions in Middle East, Canada, and Australia add new growth vectors.
  • Strategic focus on increasing share of wallet in existing large accounts (FSL80 cohort) and onboarding new strategic clients.
  • Healthcare vertical showing strong pipeline growth (2.5x vs last year) and accelerating growth expected in H2 FY26.
  • Technology-enabled offerings (AI, automation, agentic AI) expanding footprint and market opportunities, especially in mortgage and tech verticals.

2 more points from Firstsour.Solu.'s call on revenue

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Profitability & Margins

See what Firstsour.Solu. said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Firstsource Solutions Limited is making strategic investments in Australia, viewing it as a long-term growth driver; they are building a pipeline of new logos and winning additional business with existing clients.
  • They have set up operations in Dubai to expand opportunities in the Middle East.
  • The company has made targeted investments to strengthen the sales and solutions organization in North America, particularly to deepen client relationships and expand into adjacent segments.
  • They signed a strategic partnership with Monash University, Australia, to co-develop next-generation AI solutions across key verticals and core AI capabilities.

2 more points from Firstsour.Solu.'s call on capex

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Order Book & Pipeline

See what Firstsour.Solu. said on order book & pipeline — free account, 30 seconds.

Firstsour.Solu. — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹2.6K Cr, net profit ₹205 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Firstsource Solutions Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Firstsour.Solu. Q2 FY26 results?

Expect constant currency revenue growth for FY26 in the 13%-15% range, placing Firstsource in the industry's top decile. Firstsource Solutions Limited expects constant currency revenue growth for FY26 in the 13%-15% range, placing it in the top decile for its industry.

What is Firstsour.Solu. share price analysis?

Firstsour.Solu. currently shows a neutral. The stock trades at a P/E of 24.9 with a market cap of ₹19,924 Cr. Investors should review the full earnings analysis for detailed insights.

Is Firstsour.Solu. planning capital expenditure?

Firstsource Solutions Limited is making strategic investments in Australia, viewing it as a long-term growth driver; they are building a pipeline of new logos and winning additional business with existing clients.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.