Tag: BLS International

New Delhi, January 2024. BLS International Services Ltd. (BLS), a leading global tech-enabled services partner for governments and citizens, today announced that it has entered into a definitive Share Purchase Agreement through its wholly owned subsidiary BLS International FZE, UAE, to acquire 100% stake in iData Danismanlik Ve Hizmet Dis Ticaret Anonim Sirketi (“iDATA”) and its wholly owned subsidiaries for an Enterprise Value of Euro 50 Million (~ Rs. 450 Crores) and additional milestones based payments. iDATA, a prominent player based in Turkey, specializes in Visa and Consular Services, making it a strategic addition to BLS's expanding portfolio. Incorporated in Turkey, iDATA provides comprehensive visa applications and consular services to various governments. The comp...

New Delhi, November 30, 2023. BLS International, a trusted global tech-enabled services partner for governments and citizens and a global leader in visa processing and consular services, announced the inauguration of its new Visa Application Centre in Delhi. This new centre is part of BLS International's commitment to enhancing the customer experience and streamlining the visa application process. The newly inaugurated visa application centre, located at Dr. Gopaldas Bhawan, Barakhamba Road, is designed with cutting-edge infrastructure, advanced technology, and increased capacity to accommodate the growing demand for visa services. Spanning 7000 square feet the modern facility ensures a seamless experience for applicants, with state-of-the-art biometric enrollment and document verifi...

New Delhi, November, 2023. BLS International Services Ltd, a trusted global tech- enabled services partner for governments and citizens, announced its unaudited consolidated financial results for the quarter and six-month period ended September 30, 2023. Management Discussion & Analysis of Results The company continues to witness strong operating results. For the quarter ended September 30, 2023, company’s consolidated revenue rose 14.3% YoY to Rs. 407.7 Cr, while operating EBITDA witnessed a growth of 52.7% to Rs. 86.7 Cr. The company’s operating EBITDA margins continue to be in excess of 20%, primarily driven by an improved business mix, specifically in the Visa & Consular services segment. Management is focused on improving profitability and cash generation a...