BLS International Posts Record Q1 Revenue Amid Strong Growth in Digital Services
BLS International Services Ltd reported record quarterly revenue, EBITDA and profit for Q1 2026.
The company's revenue rose 25% year on year to INR 891 crores, while EBITDA increased 24% to INR 252 crores and profit after tax climbed 12% to INR 202 crores.
BLS attributed the results to stronger pricing, a better revenue mix, and operating leverage.
The company's digital services business saw faster growth, with revenue increasing by 32% and EBITDA growing 46%, driven by business correspondent and loan distribution activity.
Management said they aim to maintain the visa business at around a 40% EBITDA margin and digital services at around 8%, with room for gradual improvement as the segment scales.