BLS International Services Ltd , a leading global tech-enabled services partner for governments and citizens, has reported robust financial results for the first quarter of fiscal year 2026, along with key leadership changes.

Financial Highlights

BLS International achieved impressive growth in Q1 FY26:

• Revenue from operations surged 44.2% year-over-year to ₹710.60 crores, up from ₹492.70 crores in Q1 FY25.
• EBITDA grew 53.4% to ₹204.20 crores, with the EBITDA margin expanding by 171 basis points to 28.7%.
• Net profit increased by 49.8% to ₹181.00 crores, with the profit margin improving by 95 basis points to 25.5%.

The company's strong performance was driven by organic growth and the consolidation of recently acquired businesses, including iDATA, Citizenship Invest, and Aadifidelis Solutions.

Segment Performance

Visa and Consular Services

Digital Services

The Business Correspondent segment reported a Gross Transaction Value of ₹26,200+ crores, including loan distribution of approximately ₹7,200 crores.

Leadership Changes

The company announced two significant leadership appointments:

1. Mr. Diwakar Aggarwal has been appointed as Chairman-Executive Director for a three-year term, effective August 5, 2025, subject to shareholder approval.

2. Mr. Nikhil Gupta has been re-appointed as Managing Director for another three-year term, effective February 1, 2026, also subject to shareholder approval.

Company Outlook

Shikhar Aggarwal, Joint Managing Director of BLS International, commented on the results: "Our robust performance in Q1FY26 reflects the strength of our diversified business model, supported by continued momentum across key markets and services. With Revenue increasing by 44% YoY and EBITDA by 53% YoY, we have yet again delivered highest ever quarterly financials while maintaining a sharp focus on operational efficiencies and margin expansion."

The company also highlighted its strategic priorities, focusing on technology-led global expansion to deliver sustainable value for all stakeholders.

As BLS International celebrates its 20th anniversary, it continues to strengthen its position as a trusted global partner for governments and citizens, with operations in over 70 countries and partnerships with 46 client governments.

The company will hold its 41st Annual General Meeting on September 16, 2025, through video conferencing.

BLS International Services Ltd , a global leader in tech-enabled government services, has reported impressive financial results for the first quarter of fiscal year 2026, demonstrating strong growth across key metrics.

Stellar Revenue Growth

The company's revenue surged to ₹7,105.65 crore in Q1 FY26, marking a significant 44% increase from ₹4,926.69 crore in the same quarter last year. This substantial growth underscores BLS International's expanding market presence and the increasing demand for its services.

Profitability Boost

BLS International's profitability showed remarkable improvement:

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose to ₹2,040.00 crore, up from ₹1,330.00 crore in Q1 FY25, reflecting a growth of 53.38%.
• The EBITDA margin improved to 28.71% from 27.00% year-over-year, indicating enhanced operational efficiency.
• Consolidated net profit jumped to ₹1,710.00 crore, a 42.50% increase from ₹1,200.00 crore in the corresponding quarter of the previous year.

Segment Performance

The company's financial results reveal strong performance across its two primary segments:

1. Visa and Consular Services: This segment generated revenue of ₹4,606.89 crore, contributing significantly to the overall growth.
2. Digital Services: The digital services segment reported revenue of ₹2,498.77 crore, showcasing the company's successful diversification into tech-enabled solutions.

Management Commentary

Shikhar Aggarwal, Joint Managing Director of BLS International, commented on the results, stating, "Our Q1 FY26 performance demonstrates the strength of our business model and our ability to capitalize on growing market opportunities. The substantial growth in revenue and profitability reflects our commitment to delivering value to our stakeholders."

Strategic Developments

The company also announced key management changes, subject to shareholder approval:

• Appointment of Mr. Diwakar Aggarwal as Chairman-Executive Director for a three-year term effective August 5, 2025.
• Re-appointment of Mr. Nikhil Gupta as Managing Director for another three-year term starting February 1, 2026.

These appointments are expected to provide continued strategic direction to the company's growth initiatives.

Looking Ahead

With its strong Q1 performance, BLS International Services appears well-positioned to capitalize on the growing demand for tech-enabled government services globally. The company's focus on both traditional visa and consular services, as well as digital solutions, provides a balanced growth strategy for the future.

Investors and market observers will be keenly watching BLS International's performance in the coming quarters to see if this growth trajectory can be maintained amidst evolving global economic conditions.