In Q1FY15, the company' net profit fell to Rs 53 crore versus Rs 59 crore, quarter-on-quarter basis. Its net sales also declined to Rs 756 crore from Rs 796 crore, Q-o-Q.
Q1 attrition for offshore for India & Philippines, is at 56.6 percent vs 54.8 percent, on a quarterly basis
Sanjiv Goenka
Chairman
Firstsource
In an interview to CNB-TV18, Sanjiv Goenka, chairman, Firstsource Solutions spoke about the financial performance of the company and the road ahead.
In Q1FY15, the company' net profit fell to Rs 53 crore versus Rs 59 crore, quarter-on-quarter basis. Its net sales also declined to Rs 756 crore from Rs 796 crore, Q-o-Q.
He said that the company has signed new deals worth USD 36 million annual contract value. Also, the company's Q1 attrition rate for onshore segment (US & Europe) slipped to 46.4 percent from 38.6 percent (Q-o-Q).
Also Read: Confident this will be a year of robust growth, says Firstsource
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