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.

May 06, 2019 / 15:05 IST
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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.

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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.