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BLS International delivered a strong Q2 FY'26. Revenue surged 49% YoY to INR 737 Cr, EBITDA grew 30% to INR 213 Cr, and PAT rose 27% to INR 186 Cr. Consolidated EBITDA margins stabilized at ~29%.
Key wins include India Visa centers in China and a ~INR 2,000 Cr Aadhaar Seva Kendra project over 6 years. Visa volumes were up 12% to 11.3 lakh. Digital services revenue jumped 259%, expanding its network to over 147,000 touchpoints. Management aims for an asset-light model, strategic acquisitions, and a 70-30 Visa-Digital revenue mix, maintaining healthy cash levels (INR 1,306 Cr).