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BLS E-Services Q2 Results: Net profit rises 12% YoY pc to Rs 20.5 cr

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In short

Total income for the quarter surged 55.1 percent to reach Rs 428.1 crore, while operating EBITDA climbed to Rs 28.8 crore. Over the first half of the financial year, revenue generation maintained strong momentum to hit Rs 738 crore. Growth was heavily supported by the Business Correspondent segment, which scaled its total banking tie-ups to 192 partnerships to facilitate broader service and loan disbursement delivery.

Key points

  • Total income for the first half of the financial year reached Rs 738 crore, marking a 40…: Total income for the first half of the financial year reached Rs 738 crore, marking a 40 percent year-on-year increase.
  • Strategic empanelments with Punjab & Sind Bank and Chhattisgarh Gramin Bank expanded the…: Strategic empanelments with Punjab & Sind Bank and Chhattisgarh Gramin Bank expanded the firm's financial inclusion footprint.
  • Partnerships within the Business Correspondent network expanded from 144 to 192 tie-ups t…: Partnerships within the Business Correspondent network expanded from 144 to 192 tie-ups to strengthen institutional loan disbursement channels.

Sources checked by our analysis pipeline: 1

Its profit stood at Rs 18.3 crore in the July-September quarter of the 2025-26 financial year.

Total income for the July-September period of 2026-27 stood at Rs 428.1 crore, registering a growth of 55.1 per cent year-on-year, supported by steady business performance across all the business verticals, the company said in a stock exchange filing.

Its operating Ebitda stood at Rs 28.8 crore in Q2 FY27, up 43.8 per cent from Rs 20 crore in the year-ago period.

For H1 FY27, the company's total income stood at Rs 738 crore, up 40 per cent from the year-ago period.

The quarter also marked continued progress in strengthening the company's banking and financial inclusion ecosystem, Shikhar Aggarwal, Chairman, BLS E-Services, said.

"The company received empanelment from Punjab & Sind Bank and Chhattisgarh Gramin Bank, further strengthening our institutional relationships and expanding opportunities across the Business Correspondent network," he said.

The digital services firm said that during the quarter, the Business Correspondent segment achieved a Gross Transaction Value of over Rs 41,400 crore, up from Rs 27,300 crore in Q2 FY26.

The number…

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