BLS International Services has posted net profit of Rs. 28.21 crores for the quarter ended December 31, 2021, as against net profit of Rs.13.9612 crores for the quarter ended December 31, 2020.
The company has reported total income of Rs. 230.54 crores during the period ended December 31, 2021, as compared to Rs.154.1108 crores during the period ended December 31, 2020.
The company has reported total income of Rs.605.93 crores during the 9 months period ended December 31, 2021, as compared to Rs.344.30 crores during the 9 Months period ended December 31, 2020.
It has posted net profit of Rs.75.92 crores for the 9 months period ended December 31, 2021, as against net profit of Rs.26.82 crores for the 9 months period ended December 31, 2020.
Commenting on the result, Shikhar Aggarwal, JMD, BLS International, said: “We are pleased to report that in Q3 2021-22, we continued to deliver strong performance, with revenues of ₹ 227.1 crores, registering a year on year growth of 51.0%. As the economies are opening up, we are seeing good pickup in travel. Though the last few months were impacted by the Omicron variant, we are hopeful of things looking up from here. With some good contracts won during Covid times, we are optimistic that they will start to perform full-fledged from now onwards and optimize our top line and bottom line.
We are also extremely happy to announce that the company has received the full & final settlement amount from the Punjab government, thereby completely settling the books of accounts. Our Balance Sheet is now very strong which will give us enough room to grow exponentially from here”.
