$FSL Firstsource Solutions Ltd (FSL) shares plunged up to 12% today (6 Aug 2026) after weak Q1 FY27 results

Firstsource Solutions Ltd (FSL) shares plunged up to 12% today (6 Aug 2026) after weak Q1 FY27 results — net profit fell 19% QoQ to ₹166 crore, revenue slipped 4.5% to ₹2,725 crore, and EBIT margins nearly halved to 12.4%. Despite the drop, management maintained FY27 guidance of 10–13% revenue growth and 12.25–12.75% EBIT margins. 📊 FSL Q1 FY27 Financial Snapshot Metric Q1 FY27 Q4 FY26 Change (%) Commentary Revenue ₹2,725 cr ₹2,853 cr ↓ 4.5 % Decline due to slower BFSI and healthcare volumes EBIT ₹337 cr ₹615 cr ↓ 45 % Margin compression from 24 % → 12.4 % Net Profit ₹166 cr ₹205 cr ↓ 19 % Impact of higher employee costs and forex losses EBIT Margin 12.4 % 24 % ↓ 11.6 pts Sharp fall in operating profitability EPS ₹2.40 ₹2.91 ↓ 17.5 % Reflects earnings contraction Headcount 36,875 +670 QoQ Slight addition amid cost pressure 💼 Operational Highlights New UK Deal: End‑to‑end back‑office transformation for a leading benefits & pensions administration provider. US Healthcare Win: Large contract with an academic medical center for insurance follow‑up and denials management. Attrition: 33.1 % (TTM) — still elevated but improving from > 35 % last year. Geographic Mix: US ≈ 60 %, UK ≈ 25 %, India ≈ 15 %. 📈 Market Reaction NSE: ₹288.60 (−14.98 %) BSE: ₹281.70 (−16.99 %) 52‑Week Range: ₹200.60 – ₹381.50 Volume: > 10 million shares traded — heavy institutional selling. Trend: Short‑term bearish; long‑term still moderately bullish due to AI‑led transformation pipeline. 🔍 Guidance & Outlook FY27 Revenue Growth: 10–13 % YoY (constant currency). EBIT Margin: 12.25–12.75 %. Strategic Focus: AI‑driven automation, healthcare BPM expansion, and UK pensions outsourcing. Analyst View: Nomura and ICICI Securities maintain “Buy” with revised targets around ₹320–₹330, citing strong deal momentum despite near‑term margin pressure.