Indian firms BEML and Firstsource post Q1 earnings with mixed results

BEML Ltd, a public sector manufacturer of mining equipment, rail coaches and defence platforms, reported a narrowed net loss of Rs 27 crore in the first quarter, down from Rs 64 crore a year earlier. Revenue rose 29.3% to Rs 820 crore and EBITDA increased 26.6% to Rs 220.51 crore, improving the EBITDA margin to 12% year‑on‑year. The company recommended a final dividend of Rs 12.28 per equity share for FY 2025‑26.

Firstsource Solutions, a Mumbai‑based business process management firm, posted a 22.9% year‑on‑year revenue increase to Rs 2,724 crore for Q1 FY 2027, marking its ninth consecutive quarter of double‑digit growth. EBIT rose 34.8% to Rs 336.7 crore, representing 12.4% of revenue, while profit after tax stood at Rs 165.9 crore and adjusted profit at Rs 222.2 crore after excluding exceptional charges. The company maintained its FY guidance of 10‑13% constant‑currency revenue growth and highlighted AI‑driven strategic positioning.