BLS International reports highest-ever financial performance in Q2FY25
Revenue up by 21.4% YoY to Rs. 495.0 Crores EBITDA up by 89.1% YoY to Rs. 164.0 Crores, PAT up by 77.7% YoY to Rs. 145.7 Crores Visa & Consular Business reports 29.6% Revenue growth and 106.9% EBITDA growth New Delhi, November 2024: BLS International Services Limited, an Indian multi-national corporation and a trusted global tech-enabled services partner for governments and citizens, announced its consolidated financial results for the quarter and half year ended 30th September 2024. Q2FY25 Performance Highlights: The company’s Revenue from Operations grew by 21.4% YoY to Rs. 495.0 Crores in Q2FY25 as compared to Rs. 407.7 Crores in Q2FY24. The growth was mainly driven by the Visa & Consular business which witnessed a robust Revenue growth of 29.6% YoY. EBITDA of the company surged to Rs. 164.0 Crores during the quarter from Rs. 86.7 Crores in Q2FY24, registering a growth of 89.1% YoY. EBITDA Margin expanded by 1,186 bps to 33.1% in Q2FY25 from 21.3% in Q2FY24. Margin expansio