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    HomeNewsBusinessStocksFirstsource Solutions gains 5% after Q4 show; board approves 20% dividend

    Firstsource Solutions gains 5% after Q4 show; board approves 20% dividend

    The company's EBIT was up 2 percent at Rs 119 crore, while margin was at 12.3 percent.

    Moneycontrol News
    May 06, 2019 / 15:05 IST

    Share price of Firstsource Solutions rose 5 percent intraday Monday after company announced its fourth quarter numbers.

    The company's Q4 net profit was up at Rs 98.24 crore from Rs 98.12 crore in the December 2018.

    Meanwhile, its revenue was down 1.8% at Rs 967 crore versus Rs 985.2 crore.

    The company's EBIT was up 2 percent at Rs 119 crore, while margin was at 12.3 percent.

    The board approved the payment of equity dividend for the year ended 31st March 2019 at 20% or Rs 2 per share on the paid-up share capital of the company.

    At 14:48 hrs Firstsource Solutions was quoting at Rs 50.85, up Rs 1.90, or 3.88 percent.

    Moneycontrol News
    first published: May 6, 2019 02:56 pm

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