[ad_1]
BLS International Services Limited announced its highest-ever financial performance for the fiscal year ending March 31, 2025, with revenue reaching ₹2,193.3 crores, a 30.8 per cent year-over-year increase.
The shares of BLS International Services Limited were trading at ₹389.90 down by ₹5 or 1.27 per cent on the NSE today at 10.20 am.
The tech-enabled services provider for governments and citizens saw its EBITDA surge by 82.1 per cent to ₹629.3 crores, with margins expanding significantly from 20.6 per cent to 28.7 per cent. Profit after tax grew 65.7 per cent to ₹539.6 crores compared to ₹325.6 crores in the previous fiscal year.
BLS International’s strong performance was driven by growth across both its business segments. The Visa & Consular segment posted revenue of ₹1,653.3 crores, up 21.4 per cent from FY24, while the Digital business surged 71.4 per cent to ₹540.0 crores.
In the fourth quarter ending March 2025, the company’s revenue grew 54.7 per cent year-over-year to ₹692.8 crores, with EBITDA increasing by 92.8 per cent to ₹174.1 crores.
According to Joint Managing Director Shikhar Aggarwal, the company undertook several strategic initiatives during the year, including acquisitions of Turkey-based iDATA, Dubai-based Citizenship Invest, and Aadifidelis, which strengthened their core business and expanded market presence.
BLS International currently operates in over 70 countries and serves 46 client governments, providing visa, passport, consular, and e-governance services.
Published on May 16, 2025
[ad_2]
Source link
