Financial Performance (Consolidated - Q1 FY27)
- Total Income: ₹890.53 crore for Q1 FY27 (June 30, 2026)
- Net Profit: ₹201.62 crore for Q1 FY27, up from ₹186.90 crore in Q1 FY26 (7.9% YoY increase)
- Earnings Per Share: Basic EPS of ₹4.62 and Diluted EPS of ₹4.60 for Q1 FY27
- Tax Expense: ₹34.02 crore for Q1 FY27
- Segment Revenue: Visa and Consular Services ₹560.09 crore, Digital Services ₹330.44 crore
- Segment Profit: Visa and Consular Services ₹217.81 crore, Digital Services ₹25.58 crore
Financial Performance (Standalone - Q1 FY27)
- Total Income: ₹132.64 crore for Q1 FY27
- Net Profit: ₹45.13 crore for Q1 FY27
- Earnings Per Share: Basic and Diluted EPS of ₹1.10 and ₹1.09 respectively
Board Appointments and Changes
1. Mr. Manoj Joshi (DIN: 00036546) appointed as Additional Director (Non-Executive Independent Director) for a term of five years commencing August 7, 2026, subject to shareholder approval. He holds bachelor's and master's degrees in commerce with over three decades of board management experience.
2. Mr. Shikhar Aggarwal (DIN: 06975729) re-appointed as Joint Managing Director for another term of three years effective June 17, 2027, subject to shareholder approval. He holds a bachelor's degree from Delhi University and has been with BLS group since 2016.
Committee Reconstitution
Effective August 08, 2026, the Board committees were reconstituted:
- Audit Committee: Mr. Atul Seksaria (Chairman), Mr. Sarthak Behuria, Mrs. (Dr.) Savita, Mr. Nikhil Gupta, Mr. RSP Sinha, Mr. Manoj Joshi
- Nomination & Remuneration Committee: Mr. Sarthak Behuria (Chairman), Mr. RSP Sinha, Mrs. (Dr.) Savita, Mr. Manoj Joshi
- Risk Management Committee: Mr. Sarthak Behuria (Chairman), Mr. Atul Seksaria, Mr. Shikhar Aggarwal, Mr. Manoj Joshi
- Business and Finance Committee: Mr. Diwakar Aggarwal (Chairman), Mr. Shikhar Aggarwal, Mrs. (Dr.) Savita
Annual General Meeting
The 42nd Annual General Meeting will be held on Wednesday, September 23, 2026 through video conferencing/other audio visual means.
Subsidiary Update - BLS E-Services Limited
- Subsidiary BLS E-Services Limited (BLSE) got listed on BSE and NSE on February 06, 2024
- Received ₹309.29 crore gross proceeds from fresh issue of equity shares
- Net proceeds after issue expenses: ₹277.77 crore
- IPO Proceeds Utilization as of June 30, 2026:
- Technology infrastructure: ₹17.66 crore utilized, ₹16.71 crore unutilized
- Organic growth (BLS Stores): Fully reallocated to other objects
- Inorganic growth through acquisitions: ₹28.71 crore fully utilized
- General Corporate Purpose: ₹76.69 crore fully utilized
- Acquisition of Atyati Technologies: ₹138.00 crore allocated but unutilized as of June 30, 2026
- The acquisition of Atyati Technologies Private Limited was completed on July 2, 2026, after the quarter end
- Unutilized IPO proceeds of ₹154.71 crore were temporarily invested in term deposits (₹16.67 crore) and bank accounts
Acquisition History
During previous year, the Group acquired 100% stake in Trefeddian Hotel (Aberdovey) Limited through BLS UK Hotels Limited on October 02, 2025.
Auditor Review
Financial results were reviewed by S S Kothari Mehta & Co. LLP who expressed an unmodified conclusion. The review covered 76 subsidiaries/step-down subsidiaries including entities across multiple countries.
Board Meeting Details
The Board meeting commenced at 04:00 PM and concluded at 05:15 PM on August 07, 2026.