- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Bluspring reported Q3 revenue of ₹844 Cr (up 10% YoY, 1% QoQ) and EBITDA of ₹32 Cr (up 12% YoY/QoQ), with margins at 3.8%. Net debt reduced to ₹107 Cr, DSOs to 98 days. A one-time ₹29.8 Cr charge for new Labour Codes is largely recoverable from clients, signaling potential tailwinds for formal players. Foundit's product revamp is complete; management targets breakeven in three quarters with an additional ₹30-35 Cr investment. Telecom saw muted growth but is diversifying internationally. Security segment's EBITDA was impacted by a ~₹0.8 Cr one-time provisioning. Company focuses on profitable growth.