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BLS E-Services Ltd Q3 FY25 Results

BLSEQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue127.6465.4%
Total Income133.0557.5%
Expenditure113.9675.1%
PBT19.091.5%
Net Profit14.015.7%
OPM9.05%4.70pp
NPM10.53%7.05pp
EPS1.448.9%
View full financials

BLS E-Services Q3FY25 Total Income at Rs. 133.1 Crores, a growth of 82.7%; EBITDA at Rs. 21.2 Crores, up 84.8%; PAT to Rs. 14.0 Crores, surged by 76.3%

10 Feb 2025 · 10 Feb 2025, 11:10 pm

Summary

BLS E-Services Limited (BLSe), a technology-enabled digital service provider, announced its consolidated financial results for the quarter and nine months period ended 31st December 2024. The company reported a total income of Rs. 133.1 Crores for Q3FY25, a growth of 82.7% compared to Q3FY24. The EBITDA stood at Rs. 21.2 Crores, up by 84.8% YoY, and PAT grew by 76.3% to Rs. 14.0 Crores. The company also completed the acquisition of 57% controlling stake in ASPL, a leading player in the distribution and processing of loans, which will positively contribute to its growth in future.

Key Highlights

  1. 1

    Total Income at Rs. 133.1 Crores, a growth of 82.7%

  2. 2

    EBITDA at Rs. 21.2 Crores, up 84.8%

  3. 3

    PAT to Rs. 14.0 Crores, surged by 76.3%

  4. 4

    Acquisition of 57% controlling stake in ASPL for total consideration value of Rs. 123 Crores

  5. 5

    Business Correspondent business witnessed over 3.43 Crore transactions with Gross Transaction Value of more than Rs. 21,000 Crores during Q3FY25

Management Comments

M

Mr. Shikhar Aggarwal

Chairman, BLS E- Services Ltd.

We are pleased to announce a robust performance in Q3FY25 registering a YoY growth of 82.7% and 76.3% in total income and profit after tax, respectively. During the quarter, we completed the acquisition of 57% controlling stake in ASPL, a leading player in the distribution and processing of loans for corporations and individuals. Our network now stands at 41,500+ Channel Service Partners and 136,700+ touchpoints, including ASPL’s credible network of 8,600 channel service partners which facilitate a monthly loan disbursement of Rs. 1,600+ Crores. The acquisition has increased our reach in the Business Correspondent services and will positively contribute to its growth in future. During the quarter, the company also won significant contracts for business correspondent services from Canara Bank as well as Central Bank of India. As we progress into the future, our strategic focus remains on the enhancement and development of digital infrastructure achieving wider accessibility and for penetrating new market segments. Through this approach, we are poised to enhance customer experiences, streamline operations, and drive business expansion in a sustainable and profitable manner.

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