BLS International Embroiled in Spanish Visa Fraud Probe

Spanish authorities have expanded their investigation into an alleged visa fraud network operating around the Spanish consulate in Algiers, drawing Indian visa-outsourcing firm BLS International into active scrutiny.

The probe centers on allegations of cash collections from families to secure Schengen visas using fraudulent or unverified documentation. This regulatory headwind comes shortly after BLS reported strong financial performance for the first quarter of FY27.

BLS International's revenue for Q1 FY27 increased 25% year-on-year to ₹891 crore, while its net profit grew 11.4% year-on-year to ₹202 crore. However, the company now faces significant legal uncertainties as it has been pulled into the investigation.