Firstsource Solutions Limited (FSL) Latest Updates

Recent Market Volatility On March 9-10, 2026, Firstsource shares experienced significant selling pressure, hitting a 52-week low of ₹200.60. The stock has seen a sharp decline of approximately 25% over the last month, driven by broader market weakness and investor reaction to recent bottom-line figures. Trading volumes remain high as the stock tests major support levels. Strong Deal Pipeline and Guidance The company signed five large deals in the third quarter, marking the fourth consecutive quarter with four or more large wins. Notable wins include partnerships with a leading US manufacturing marketplace and a major UK-based MVNO. Based on this momentum, management raised its full-year revenue growth guidance to 14.5%–15.5% in constant currency terms for FY26. Strategic Acquisitions Firstsource recently completed the acquisition of Pastdue Credit Solutions (PDC), a UK-based debt collections specialist, for approximately GBP 22 million. Additionally, in January 2026, it acquired TeleMedik, a Puerto Rico-based healthcare technology firm, for $3 million. These moves are aimed at strengthening the company's "Business Process as a Service" (BPaaS) offerings in the US and UK healthcare and financial markets. Dividends and ESG Recognition The company declared an interim dividend of ₹5.50 per share (55% of face value) for the financial year 2025-26, with the record date having passed on February 20, 2026. On the corporate front, Firstsource was recently ranked in the Top 1% globally in the S&P Global Corporate Sustainability Assessment (CSA) for 2026, highlighting its leadership in ESG practices within the professional services sector.