In this video, we dive into Firstsource Solutions' Q2 FY24-25 earnings report, released on October 28, 2024. Firstsource reported a 25% increase in revenue, reaching Rs 1,925 crore, and a 27% rise in gross profit to Rs 208 crore compared to the previous year. Net profit saw steady growth, up by 8%, hitting Rs 138 crore. We’ll break down each of these highlights, exploring how Firstsource’s performance reflects its effective strategies and market position.
We also cover the stock’s impressive 11.99% surge to Rs 372.55 on October 28, showcasing the strong investor confidence in Firstsource's growth potential. Tune in to understand what’s driving Firstsource’s performance and what it means for the company moving forward.
Chapters:
0:00 - Introduction
0:40 - Revenue Growth Breakdown
2:15 - Gross Profit and Efficiency Gains
3:30 - Net Profit Highlights
5:00 - Stock Price Surge Analysis
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