Commercial Services company BLS E-Services announced Q3FY25 results Total Income for the quarter was at Rs 133.1 crore as compared to Rs 72.8 crore reported in Q3FY24, a growth of 82.7%. This includes Rs 52.8 crore of total income of Aadifidelis Solutions Pvt Ltd. and its affiliates (ASPL) which is being consolidated from 26th Nov 2024 onwards. EBITDA stood at Rs 21.2 crore compared to Rs 11.5 crore in Q3FY24, up by 84.8% YoY. EBITDA Margin stood at 15.9% in Q3FY25 compared to 15.8% reported in Q3FY24. ASPL reported EBITDA margin of 4.4% for the consolidated period. PAT grew by 76.3% to Rs 14.0 crore, as compared to Rs 7.9 crore reported in Q3FY24. PAT Margin stood at 11.0% in Q3FY25. Excluding ASPL, EBITDA Margin stood at 23.5% and PAT Margin stood at 16.5% in Q3FY25. Shikhar Aggarwal, Chairman, BLSE- Services, said: “We are pleased to announce a robust performance in Q3FY25 registeringaYoY growth of 82.7% and 76.3% in total income and profit after tax, respectively. Duringthequarter, we completed the acquisition of 57% controlling stake in ASPL, a leading player inthedistribution and processing of loans for corporations and individuals. We have utilisedpart of the IPO proceeds for this acquisition as per the objects of the issue. Our network now stands at 41,500+ Channel Service Partners and 136,700+ touchpoints, including ASPL’s credible network of 8,600 channel service partners which facilitate amonthlyloan disbursement of Rs 1,600+ crore. The acquisition has increased our reachintheBusiness Correspondent services and will positively contribute to its growth in future. During the quarter, the company also won significant contracts for business correspondentservices from Canara Bank as well as Central Bank of India. As we progress into the future, our strategic focus remains on the enhancement anddevelopment of digital infrastructure achieving wider accessibility and for penetratingnewmarket segments. Through this approach, we are poised to enhance customer experiences, streamline operations, and drive business expansion in a sustainable and profitable manner.” Result PDF