BLS International posts strong Q2 FY26 earnings with revenue up 49%

BLS International Services Limited reported a 49% year-on-year revenue increase to INR737 crores for Q2 FY26, with EBITDA growing 30% to INR213 crores. Profit after tax rose 27% to INR186 crores. The company attributed this performance to increased application volumes and the consolidation of Citizenship Invest and Aadifidelis, maintaining EBITDA margins at approximately 29%.

The Visa and Consular Services segment recorded INR457 crores in revenue, a 10% increase, with EBITDA growing 26% to INR192 crores, achieving a 42% margin. Visa application volumes rose 12% to 11.3 lakh applications. The Digital Business segment saw a remarkable 259% revenue growth year-on-year to INR278 crores, primarily due to the acquisition of Aadifidelis Solutions in November 2024.

BLS International also secured a significant INR2,000 crores contract from the Unique Identification Authority of India to establish district-level Aadhaar Seva Kendra over six years, further solidifying its presence in India’s digital ecosystem. The company plans to continue its asset-light model, focusing on organic growth and strategic acquisitions with strong ROI.