BLS E-Services June Quarter Profit Up by 38.6%

New Delhi, August 4, 2025 – BLS E-Services Limited (NSE: BLSE, BSE: 544107) announced Q1FY26 results with some robust numbers. The company’s net profit for the current quarter was ₹17.52 crore, marking a 38.6% year-on-year rise from Q1FY25. The company is a digital service provider offering business correspondent services to different stakeholders, working as a link between citizens and various essential services such as public utilities.  The company also updated the reappointment of Executive Director Rahul Sharma for a three-year term beginning June 26, 2026.

BLS E-Services Share Price Movement

The stock moved by 5% today (₹192.37) and reached the upper circuit. The low-high range remained between ₹182 and ₹192.37. The trade volume remained close to 90000. The company’s P/E ratio is 31.61 compared to the industrial average of 25.20. At 01:50 PM, there were no active sellers of the stock.

Key Financial Highlights (Consolidated)

In Q1 FY26, the company posted strong YoY growth with revenue from operations surging 224% to ₹243.99 crore, and total income rising 205% to ₹251.17 crore. EBITDA grew 34.7% YoY to ₹23.36 crore, while net profit climbed 38.6% to ₹17.52 crore. EPS improved to ₹1.62 from ₹1.32 in Q1 FY25.

On a QoQ basis, growth was modest, revenue rose 2%, net profit was up 1.2%, and EPS increased 11.7%. EBITDA remained flat.

Standalone Performance

In Q1 FY26, BLS E-Services reported a 41% YoY decline in net profit to ₹3.89 crore, compared to ₹6.59 crore in Q1 FY25. EPS also dropped 41.1% to ₹0.43. Despite the profit fall, revenue from operations rose 27.4% YoY to ₹14.89 crore, and total income increased 8.1% to ₹18.60 crore, indicating top-line growth was overshadowed by a sharp dip in profitability.

Corporate Updates

• AGM Announcement: The company will convene its 9th Annual General Meeting on September 15, 2025, via video conferencing.
• Reappointment: The Board approved the reappointment of Mr. Rahul Sharma (DIN: 06879073) as Executive Director for 3 years starting June 26, 2026, subject to shareholders’ approval. He is also the CFO of the company and has been part of BLS Group since 2011.

Strategic Outlook

The company continues to strengthen its position in the digital services segment, comprising e-governance, business correspondence, and loan distribution. The inclusion of Aadifidelis Solutions and Sai Finent Advisory into the consolidated results from November 2024 has significantly expanded the company’s revenue base and operational footprint.

Company Overview

BLS E-Services is a digital service provider in India that facilitates access to essential services across banking, government, and public utilities. Through its business correspondent network, assisted e-services, and e-governance offerings, the company serves as a vital link between citizens and service providers, especially in remote and underserved regions.

REF: https://nsearchives.nseindia.com/corporate/PROJECTSEWA_04082025124635_Outcome_BM_04082025.pdf

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