Stocks

Firstsource Solutions Q3 net up 5% to Rs 35 cr

PTI Mumbai | Updated on March 12, 2018

Firstsource Solutions today posted a 4.95 per cent jump in net profit to Rs 34.96 crore for the quarter ended December 31, 2010.

The company had reported a net profit of Rs 33.31 crore for the October-December period last year, Firstsource Solutions said in a filing to the Bombay Stock Exchange.

Total income from operations of the BPO services provider rose to Rs 514.59 crore in the third quarter from Rs 490.85 crore in the corresponding period of the previous year, it added.

Commenting on the performance, Firstsource CEO and Managing Director, Mr Matthew Vallance, said, “We are encouraged by a good build-up of the new business pipeline across the company and are well positioned in number of new client situations.”

Shares of the company were being quoted at Rs 16.20 in early trade on the BSE today, up 1.57 per cent from the previous close.

Published on February 10, 2011

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