Firstsource Solutions reports 41.6 % jump in net profit

The employee strength of the company stood at 31,623 as on June 30,2013.

Business process outsourcing firm Firstsource Solutions today reported 41.6 per cent jump in its net profit at Rs 41.04 crore for the first quarter ended June 30,2013.

The company had posted a net profit of Rs 28.98 crore in the same quarter last fiscal,Firstsource said in a statement.

Revenues rose 6.5 per cent to Rs 719.12 crore for the reported quarter compared to Rs 675.170 crore in the corresponding period last year.

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The US and Canada contributed 45.8 per cent of the firm’s revenues,followed by the UK with 34.5 per cent,India 10.5 and 9.2 per cent from the rest of world,as on June 30,2013.

As on June 30,2013,Firstsource derived 45.4 per cent of its revenues from Telecom & Media segment,31.5 per cent from Healthcare and 22.4 per cent from BFSI.

The employee strength of the company stood at 31,623 as on June 30,2013,a reduction of 249 employees in the quarter.

It had 20,671 employees in India,while 10,952 people were located outside of India.

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