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Business Economy

BLS E Services Q4 net at Rs 10.91 cr in Q4; Revenue up at Rs 78.7 cr

(rptng, correcting figure para 1)
New Delhi, May 14 (UNI) BLS E Services, a leading technology-enabled digital service provider, announced its fourth quarter results, the consolidated net profit stood at Rs 10.91 crore for the quarter ended March 2024.
Last year, in the same period, the net profit was at Rs 25.20 crore.
The total income during the said period rose to Rs 78.71 crore, compared to Rs 73.62 crore in the same period.
For the year ended March 2024, the consolidated net profit rose to Rs 33.53 crore, a growth of 65 percent from Rs 20.33 crore in the same period last year.
“We are pleased to announce the financial performance in FY24, marked by a significant growth in Total Revenue and PAT, which increased strongly by 25.7 percent and 65.0 percent, respectively,” Shikhar Aggarwal, Chairman, BLS E-Services Ltd. said.
The total income for the full year rose to Rs 309.57 crore compared to Rs 246.29 crore, a growth of 25.7 per cent.
“As we forge ahead, our focus remains on expanding our network and reach through our BCs and digital stores, invest in building an advanced digital infrastructure which can withstand the quantum of transactions being envisaged given the trajectory of our economy. We would like to set new industry benchmarks and create a more equitable and sustainable future for all,” Aggarwal added.
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