What was BLS International's net profit in the third quarter?

BLS International's net profit in the third quarter rose by 34.8% year-on-year, reaching ₹162.7 crore.

Which new global contracts did BLS International secure?

BLS International secured a global visa contract with the Slovak Republic for centers in over 80 countries and expanded visa outsourcing services for the Republic of Cyprus across multiple African and Asian nations.

How did BLS International's revenue perform in the third quarter?

Revenue for the third quarter surged by 43.6% year-on-year, amounting to ₹736.5 crore.

Home / Business and Economy / BLS International's Profit Jumps 35% Amidst Major Wins

BLS International's Profit Jumps 35% Amidst Major Wins

6 Feb

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Summary

Net profit rose 34.8% to ₹162.7 crore.
Revenue surged 43.6% to ₹736.5 crore.
Secured global visa contracts with Slovakia and Cyprus.

BLS International's Profit Jumps 35% Amidst Major Wins

BLS International achieved a robust third-quarter financial performance, reporting a 34.8% year-on-year increase in net profit to ₹162.7 crore. The company's revenue experienced a significant surge of 43.6%, climbing to ₹736.5 crore compared to the previous year's corresponding period.

Despite a contraction in EBITDA margin to 26.9% from 30.8%, the company secured several high-profile domestic and international contracts. These wins include a global contract to manage visa application centers for the Slovak Republic in over 80 countries.

Further expanding its global footprint, BLS International won a visa outsourcing contract from the Republic of Cyprus covering numerous African nations, as well as additional Cyprus contracts in Asian countries like China and Kazakhstan.