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BLS International Services Ltd Q1FY24; 129% rise in Profits

BLS International Services Limited (BLS), a part of the four-decades-old BLS Group with a global presence and diversified range of services, counts amongst the top three global players in visa application outsourcing, with its presence in visa/ passport/ consular/ citizen services with 62 countries and 36 government clients and provides services through 2,325 offices worldwide.

Financial Results:

BLS International Services Ltd reported Revenues for Q1FY24 of ₹383.00 Crores up from ₹273.00 Crore year on year, a rise of 40.29%.

Total Expenses for Q1FY24 of ₹309.00 Crores up from ₹244.00 Crores year on year, a rise of 26.64%.

Consolidated Net Profit of ₹71.00 Crores up 129.03% from ₹31.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.68, up 127.03% from ₹0.74 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Outsourcing
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