BLS International Q4 Results: PAT surges 70% to Rs 145 crore, sales up 54%

Visa and consular services provider BLS International Services Provider’s profit after tax (PAT) for the quarter ended March 31, 2025 rose around 70% to Rs 145.2 crore as against Rs 85.5 crore during the corresponding quarter ended on March 31, 2024.

The company said during the quarter under review, its sales rose 54.74% to Rs 692.8 crore as against Rs 447.71 crore during the corresponding period in 2004.

For the financial year ended on March 31, 2025, its profit after tax rose around 66% to Rs 540 crore as against around Rs 326 crore during the previous fiscal year ended on March 31, 2024.

For the financial year, 2024-25, the company’s sales grew around 31% to Rs 2193.30 crore as against Rs 1677 crore during the previous fiscal.

Shikhar Aggarwal, Joint Managing Director, BLS International Services Ltd said the performance was fuelled by a strong performance in both, Visa, Consular and Digital businesses. EBITDA of Rs 629.3 crores, grew by 82.1%, while margins expanded by 808 bps to 28.7% in financial year 2025," he added.

He said, during the year, the company undertook several initiatives in both the businesses. From acquiring synergistic business like the Turkey-based iDATA and Dubai-based Citizenship Invest, to undergoing changes in its business model from being partner-run to self-managed in some geographies.

He said the acquisition of Aadifidelis has increased the company's penetration and enhanced its market presence in the digital business space.