BLS E-Services Q2 Results: Net profit rises 12% YoY pc to Rs 20.5 cr
AgenciesIts profit stood at Rs 18.3 crore in the July-September quarter of the 2025-26 financial year.
Total income for the July-September period of 2026-27 stood at Rs 428.1 crore, registering a growth of 55.1 per cent year-on-year, supported by steady business performance across all the business verticals, the company said in a stock exchange filing.
Its operating Ebitda stood at Rs 28.8 crore in Q2 FY27, up 43.8 per cent from Rs 20 crore in the year-ago period.
For H1 FY27, the company's total income stood at Rs 738 crore, up 40 per cent from the year-ago period.
The quarter also marked continued progress in strengthening the company's banking and financial inclusion ecosystem, Shikhar Aggarwal, Chairman, BLS E-Services, said.
"The company received empanelment from Punjab & Sind Bank and Chhattisgarh Gramin Bank, further strengthening our institutional relationships and expanding opportunities across the Business Correspondent network," he said.
The digital services firm said that during the quarter, the Business Correspondent segment achieved a Gross Transaction Value of over Rs 41,400 crore, up from Rs 27,300 crore in Q2 FY26.
The number of bank tie-ups for the Business Correspondent (including loan disbursements) segment increased to 192 in Q2 FY27 from 144 in Q2 FY26.