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Firstsource FY07 net zooms 294% to Rs 97cr

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Our Web Bureau Mumbai
Firstsource FY07 net zooms 294% to Rs 97cr
Our Web Bureau / Mumbai April 27, 2007
Firstsource Solutions today reported a 294% year-on-year increase in net profit at Rs 97.25 crore as per Indian GAAP for the year ended March 31, 2007, and 52.8% increase in total income at Rs 839.93 crore.

According to an official release issued today, total income for the quarter ended March 31, 2007 was up 71.2% (YoY) at Rs 276.80 crore, and net profit was up 60.6% at Rs 34.91 crore.

Important Highlights:

* Firstsource added 22 clients in FY 2006-07

* Total number of clients as of March 31, 2007: 76 including 3 of the 5 largest US banks, 5 of 10 largest credit card companies in the US, 2 of the world

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First Published: Apr 27 2007 | 1:25 PM IST

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