BLS E-Services Reports Significant Profit Surge Driven by Strategic Acquisitions

BLS E-Services reported a notable increase in profit after tax by 38.7% to Rs 17.5 crore for the June 2025 quarter. The growth stemmed from an expanded business correspondent segment and strategic acquisitions, leading to greater financial accessibility and operational success.


Devdiscourse News Desk | New Delhi | Updated: 04-08-2025 17:46 IST | Created: 04-08-2025 17:46 IST
BLS E-Services Reports Significant Profit Surge Driven by Strategic Acquisitions
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BLS E-Services announced a substantial 38.7% rise in its profit after tax, reaching Rs 17.5 crore for the quarter ending June 2025. This marks a significant improvement from the Rs 12.6 crore reported in the same period last year.

The company's consolidated total income more than doubled, standing at Rs 251.2 crore compared to Rs 82.3 crore a year earlier. This impressive growth was credited to the expansion of its business correspondent sector and the strategic acquisition of Aadifidelis Solutions, according to a stock exchange filing.

Company Chairman Shikhar Aggarwal highlighted operational discipline and value-led service delivery as key factors contributing to an EBITDA growth of 33.5%. Expanding its network to over 1,44,000 touchpoints and enhancing financial accessibility through partnerships and new loan services, the company underscores its robust performance and scalability.

(With inputs from agencies.)

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