BLS E-Services Limited (BLSe), a prominent technology-enabled digital service provider, delivered a robust performance in Q3 FY25, posting significant growth across key financial metrics. The company benefited from strong operational execution and revenue contributions from Aadifidelis Solutions Pvt Ltd (ASPL), which has been consolidated into its results from November 26, 2024.
Key Financial Highlights (Q3 FY25 vs Q3 FY24)
- Total Income: The company’s total income surged by 82.7% YoY to ₹133.1 crore, up from ₹72.8 crore in Q3 FY24. The growth includes ₹52.8 crore from ASPL’s operations. This substantial increase was driven by expanded business activities and new service offerings.
- Revenue from Operations: Revenue jumped 78.1% YoY to ₹127.6 crore in Q3 FY25, compared to ₹71.7 crore in the corresponding quarter of the previous year.
- EBITDA: Operating performance remained strong with EBITDA rising 84.8% YoY to ₹21.2 crore, compared to ₹11.5 crore in Q3 FY24. However, the EBITDA margin stood at 15.9% in Q3 FY25, a slight dip from 15.8% last year. ASPL’s operations contributed an EBITDA margin of 4.4%, reflecting the impact of integration costs and new service expansions. Excluding ASPL, the EBITDA margin was higher at 23.5%.
- Net Profit (PAT): The company reported a net profit of ₹14.0 crore in Q3 FY25, up 76.3% from ₹7.9 crore in the year-ago period. The PAT margin stood at 11%, reflecting the company’s sustained profitability despite rising operational expenses.
- Excluding ASPL Contribution: Without ASPL, the company would have reported a PAT margin of 16.5%, indicating strong organic growth.
9M FY25 Performance
For the nine months ended December 31, 2024, BLS E-Services’ total income stood at ₹299.8 crore, registering a 29.9% YoY growth compared to ₹230.9 crore in 9M FY24. The company’s operational and strategic efforts have contributed to consistent top-line and bottom-line growth.
TOPICS:
BLS E-Services