BLS International achieved record second-quarter revenue of ₹973 crore alongside an 8.6% rise in profit after tax to ₹202 crore. The company's expansion was anchored by its Digital Services business, which jumped 66.4%, while the traditional visa division processed 10.9 lakh applications. Despite crossing a cumulative global benchmark of 500 million processed applications, persistent stock market headwinds have kept shares down 58% from their January 2025 high.
Key points
Consular and visa operations remained stable with revenue rising 11.2% to ₹510 crore on n…: Consular and visa operations remained stable with revenue rising 11.2% to ₹510 crore on nearly 1.1 million processed applications.
Company leadership is committing fresh capital toward automation and secure infrastructur…: Company leadership is committing fresh capital toward automation and secure infrastructure to develop an AI-led operational ecosystem.
Sustained market volatility has pushed the equity down 33% year-to-date, despite a linger…: Sustained market volatility has pushed the equity down 33% year-to-date, despite a lingering five-year cumulative gain of 292%.
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BLS International Services Limited, a leading global AI and technology-enabled services partner for governments and citizens, announced its financial performance for the quarter and half year ended September 30, 2026, on Tuesday after market hours.
The company continued its strong growth trajectory in Q2 and H1 FY27, delivering its highest-ever quarterly revenue of ₹973 crore in Q2 FY27, up 32% year-on-year (YoY), driven by growth across its Visa and Consular Services and Digital Services businesses.
Its Visa and Consular Services business maintained steady momentum, with Q2 revenue growing 11.2% YoY to ₹510 crore. EBITDA also increased 11.2% to ₹214 crore, with a healthy EBITDA margin of 41.9%. The number of visa applications processed during the quarter stood at 10.9 lakh in Q2 FY27. For H1 FY27, the number of applications stood at 22.2 lakh.
Revenue from the Digital Services business increased 66.4% YoY to ₹462.7 crore in Q2 FY27, compared with ₹278 crore in Q2 FY26. This growth was primarily driven by strong traction in the business correspondent and loan disbursement businesses.
In terms of operating performance, EBITDA increased 16.6%…
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