Questions across 2 calls

Dinesh Kulkarni

Finsight

BLS International Services Limited

BLS International Services Limited CC-Jun25.pdf · 2025-08-06

Yes. Thank you, sir. And a really great set of numbers. Congratulations on that. So, two specific questions. One is if you see, iDATA was included, became part of the BLS in July last year. So, it was not part in the first quarter. So, if you could just tell me for the Visa business, if we do apples for apples comparison, how the organic growth look like? I know the consolidated number seems very high because we have acquired other businesses in digital, but if I just see for visa, how does that compare?

So, are you seeing any additional growth in the acquired businesses over the last 1 year or in the standalone deal with entities? Like where is the growth coming from?

BLS International Services Limited CC-Dec24.pdf · 2025-02-12

Really good set of numbers. Sir, my question is, where do you think the next phase of growth would come for our company, assuming, as you just mentioned that we already have done INR 1,000 crores of acquisitions, and we have a cash balance close to INR 700 crores. So, I just wanted to know like whether it will be more of organic or inorganic, if you could elaborate on that?

So, my question is more on terms of, like say, whatever growth we have achieved in the last, like, 20%, 30% CAGR growth, is that achievable again? Or are we like fully penetrated now and we don't see this kind of high double-digit or 20% plus growth?