BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

16 May 2025 CW Team

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.

Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The successful completion and consolidation of Aadifidelis Solutions (ASPL) is another milestone we achieved, which also aided to our topline growth. EBITDA and PAT too witnessed a robust growth of 72.5 per cent and 75.4 per cent respectively, in FY25.

As we move forward, our strategic focus is on enhancing digital infrastructure to improve accessibility and penetrate new market segments. We foresee a significant opportunity with the government increasingly outsourcing G2C services to third parties, amidst the growing need for scalability, cost-efficiency and last-mile connectivity. The Indian Government is focussed on expanding financial inclusion through schemes like Pradhan Mantri Jan Dhan Yojana, Direct Benefit Transfer, and others.

We believe we are aptly positioned to capture the significant opportunities in the industry and are dedicated to providing technology-enabled services for the underserved rural communities at the grassroot levels in the country.”

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