BLS International reports record quarterly revenue of ₹973 crore
The company saw a 32 per cent year-on-year revenue increase driven by growth in digital and visa services.
BLS International Services Limited reported its financial results for the quarter and half year ended September 30, 2026, on Tuesday. According to Mint, the company achieved its highest-ever quarterly revenue of ₹973 crore in Q2 FY27, representing a 32 per cent increase year-on-year.
The revenue growth was supported by the Visa and Consular Services and Digital Services businesses. Revenue from Digital Services rose 66.4 per cent year-on-year to ₹462.7 crore, which the company attributed to traction in loan disbursement and business correspondent sectors.
Visa and Consular Services revenue grew 11.2 per cent year-on-year to ₹510 crore, with 10.9 lakh visa applications processed during the quarter. For the first half of FY27, the company recorded a 28.7 per cent year-on-year increase in revenue to ₹1,863 crore.
Operating performance showed EBITDA increasing 16.6 per cent to ₹248 crore, while profit after tax grew 8.6 per cent to ₹202 crore. The company also stated it plans to invest in automation, secure infrastructure, and strategic partnerships to improve its AI-led technology ecosystem.
Joint Managing Director Shikhar Aggarwal said the company is confident about growth prospects due to its global footprint, government relationships, and digital services scale. He noted a focus on profitable growth and long-term value for stakeholders.
The company's shares have declined 58 per cent from a high of ₹521 reached in January 2025 to a current price of ₹215. The stock is down 33 per cent so far in 2026.