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Firstsource Solutions (NSE:FSL) Gross Profit : ₹24,232 Mil (TTM As of Mar. 2024)


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What is Firstsource Solutions Gross Profit?

Firstsource Solutions's gross profit for the three months ended in Mar. 2024 was ₹6,130 Mil. Firstsource Solutions's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₹24,232 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Firstsource Solutions's gross profit for the three months ended in Mar. 2024 was ₹6,130 Mil. Firstsource Solutions's Revenue for the three months ended in Mar. 2024 was ₹16,693 Mil. Therefore, Firstsource Solutions's Gross Margin % for the quarter that ended in Mar. 2024 was 36.72%.

Firstsource Solutions had a gross margin of 36.72% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Firstsource Solutions was 38.27%. The lowest was 29.55%. And the median was 34.77%.


Firstsource Solutions Gross Profit Historical Data

The historical data trend for Firstsource Solutions's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Firstsource Solutions Gross Profit Chart

Firstsource Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,467.66 16,422.35 20,502.70 21,178.86 24,232.03

Firstsource Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,870.55 6,029.47 6,017.15 6,055.12 6,130.29

Competitive Comparison of Firstsource Solutions's Gross Profit

For the Information Technology Services subindustry, Firstsource Solutions's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Firstsource Solutions's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Firstsource Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Firstsource Solutions's Gross Profit falls into.



Firstsource Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Firstsource Solutions's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=63325.28 - 39093.25
=24,232

Firstsource Solutions's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=16692.88 - 10562.59
=6,130

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹24,232 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Firstsource Solutions's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=6,130 / 16692.88
=36.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Firstsource Solutions  (NSE:FSL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Firstsource Solutions had a gross margin of 36.72% for the quarter that ended in Mar. 2024 => Competition eroding margins


Firstsource Solutions Gross Profit Related Terms

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Firstsource Solutions (NSE:FSL) Business Description

Traded in Other Exchanges
Address
Mindspace, Link Road, 5th Floor, Paradigm ‘B’ Wing, Malad (West), Mumbai, MH, IND, 400 064
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.

Firstsource Solutions (NSE:FSL) Headlines

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