Total Income surged 226.8% YoY to Rs276.0 Cr in Q2FY26
FinTech BizNews Service
Mumbai, November 10, 2025: BLS E-Services Limited (BLSe), a technology-enabled digital service provider, announced its consolidated financial results for the quarter and half year ended 30 th September 2025.
Speaking about the performance and recent updates, Mr. Shikhar Aggarwal,
Chairman, BLS E-Services Ltd. said: “BLS E-Services Limited delivered another
quarter of strong performance, driven by robust growth across its key businesses
and a steady expansion of its service ecosystem. The quarter reflected the
company’s continued focus on scaling its digital and citizen service offerings,
deepening market penetration, and enhancing service delivery capabilities, thereby
strengthening its position as a leading player in the assisted digital and financial
services space.
The Company remains focused on expanding its digital and financial inclusion
ecosystem, leveraging cross-selling opportunities, and strengthening partnerships
with leading financial institutions. To this tune, during the quarter, the company
partnered with Aditya Birla Capital, Piramal Finance, and Asit C. Mehta Investment
Intermediaries. In addition to this, the company collaborated with Grameen
Foundation for social impact.
BLS E-Services’ asset-light and scalable model, backed by a wide and growing
network of over 147,000+ touchpoints and 45,400 Channel Service Partners,
continues to be a key enabler of its growth and profitability. This translates into
reduced travel for citizens, faster access to government services and new livelihood
opportunities for village-level entrepreneurs, specially women BC agents. Our role is
not just transactional, it is transformational.
With its strong execution capabilities, growing service portfolio, and ongoing digital
initiatives, BLS E-Services is well positioned to sustain its growth trajectory and
deliver long-term value to all stakeholders.”
Q2FY26
o Total Income for the quarter stood at Rs. 276.0 Crores, marking a remarkable
growth 226.8% YoY, supported by strong business performance and the
consolidation of Aadifidelis Solutions.
o EBITDA stood at Rs. 26.3 Crores in Q2FY26 as compared to Rs. 20.8 Crores
in Q2FY25, up by 26.2% YoY.
o PAT in Q2FY26 grew by 23.1% to Rs. 18.3 Crores, as compared to Rs. 14.9
Crores in Q2FY25 and PAT Margin was at 6.6% in Q2FY26.
H1FY26
o The company’s Total income increased to Rs. 527.2 Crores in H1FY26 as
compared to Rs. 166.8 Crores in H1FY25, up by 216.2% YoY.
o EBITDA of the company increased to Rs. 51.2 Crores from Rs. 39.5 Crores in
H1FY25, registering a growth of 29.7% YoY.
o PAT rose to Rs. 35.8 Crores as compared to Rs. 27.5 Crores in H1FY25, a
growth of 30.2% YoY.
Other Key Highlights:
o At the end of the quarter, BLSe’s network increased to over 1,47,000+
touchpoints and 45,400+ Customer Service Points (CSPs) within the Business
Correspondent segment.
o Business Correspondent segment witnessed Gross Transaction Value of over
Rs. 27,300+ Crores during the quarter which includes loan distribution of
approximately Rs. 8,600 Crores. This is compared to GTV of approximately
Rs. 20,000+ Crores in Q2FY25 which included loan leads of approximately
Rs. 1,400+ Crores.
o During the quarter, BLS E-Services entered into partnership with following
companies hence further expanding its service portfolio:
o Aditya Birla Capital - The strategic partnership with BLS E-Services Ltd.,
to deliver formal credit solutions to millions in India's Tier 2, 3, and 4 towns
and villages. The partnership will provide individuals and local MSMEs
with streamlined access to a suite of financial products, like Business
Loan, Loan Against Property, Micro LAP and Personal Loan.
o Piramal Finance - Piramal Finance Limited (formerly Piramal Capital &
Housing Finance Limited), a leading diversified NBFC with a strong
national footprint, has partnered with BLS E- Services, to enhance access
to formal credit for individuals and MSMEs across rural and semi-urban
India. Through this collaboration, customers in Tier 2, 3, and 4 locations
will be able to access a range of financial products—including home
loans, unsecured business loans, used car loans and personal loans—via
BLS E-Services’ trusted network nationwide.
