BLS International reported its highest-ever quarterly performance with consolidated revenue at Rs. 736.6 Crores in Q2FY26, a 48.8% YoY increase. EBITDA surged 29.7% YoY to Rs. 212.8 Crores, and net profit reached Rs. 185.7 Crores, up 27.4% YoY. The company secured new government contracts and expanded its global footprint.
Exceptional Financial Results
BLS International Services Limited announced its financial results for Q2 FY26, marking a period of significant growth. Key highlights include:
- Consolidated Revenue: Rs. 736.6 Crores, up 48.8% YoY.
- EBITDA: Rs. 212.8 Crores, a 29.7% YoY increase.
- Net Profit: Rs. 185.7 Crores, reflecting a 27.4% YoY growth.
Strategic Wins and Expansion
The company has expanded its global presence with strategic initiatives and contract wins:
- Awarded a three-year contract by the Ministry of External Affairs, Government of India, to establish and operate Indian Visa Application Centres across China.
- Won Cyprus Visa processing operations in Kazakhstan.
- Inaugurated a new Visa Application Centre in Argentina and transitioned to a self-managed model in Bolivia.
- Secured a contract worth approximately Rs. 2,055.35 Crores from the Unique Identification Authority of India (UIDAI).
- Diversified business portfolio by acquiring the Trefeddian Hotel in the United Kingdom for Rs 78.3 Crores.
Segment Performance
A breakdown of the company’s revenue by segment:
- Visa & Consular Business: Revenue grew by 9.8% YoY, contributing approximately 62% of total revenue. EBITDA increased by 26.4% YoY.
- Digital Business: Revenue increased by 259.3% YoY, contributing approximately 38% of total revenue.
H1FY26 Highlights
Performance highlights for the first half of fiscal year 2026 include:
- Revenue from Operations: Grew by 46.5% to Rs. 1,447.2 Crores.
- EBITDA: Surged by 40.3% to Rs. 417.0 Crores.
- PAT: Stood at Rs. 366.7 Crores, a growth of 37.6%.
Source: BSE
