Visa services provider BLS International Services Ltd has declared financial results for the June quarter of the financial year 2024-25. The company has reported a rise of over 70 per cent year-on-year rise in profit after tax (PAT)

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The PAT of the company in the first quarter that ended June 30 was at Rs 120.8 crore against Rs 71 crore in the same quarter a year ago (Q1FY24).

The company, in a regulatory filing, said that its revenue from operations increased 28.5 per cent to Rs 492.7 crore against Rs 383.5 crore in the corresponding period of the preceding fiscal.

The company's EBITDA grew by 66.3 per cent Year-on-Year (YoY) during the first quarter, reaching Rs 133.2 crores from Rs 80.1 crores in Q1FY24. 

From 20.9 per cent in Q1FY24 to 27.0 per cent in Q1FY25, the EBITDA margin went up by 615 basis points.