BLS International Services Limited CC-Dec23.pdf · 2024-02-13
See if you see from a profitability point of view, you know from a PAT level we have grown more than 90% if you compare the same quarter last year, even if you see that from EBITDA level you know we have grown more than 33%. So, definitely there is a major growth. Regarding revenue, you know also we grew there was some seasonality in the business, some contingent open up this quarter that is why there was a little drop in the volumes. But still if you see the revenue we have achieved is similar. So, that is why there is an increase in the revenue that's actually and whatever numbers we have achieved we wish to maintain that. If you have seen in the last 3-4 years we have given more than 50% CAGR growth, and next year also coming years our objective is obviously to grow the company. We cannot give you any firm numbers or percentages where target to grow, but definitely we have aggressive growth internally set within the company.
See the margins that we have achieved, obviously this is a volume driven business spread across the length and breadth of the country where we have 4 lakh people coming into our centers every day. Margin is little less than the visa business around 14.5% margin, whereas in our visa business we are doing upwards of 20% margin. Definitely our even the margin for visa business was less, it grew with time. So, definitely our objective and agenda is always to grow the margin in whatever business we get into and that will be the same objective even in E-services.