BLS E-Services Ltd

- Board approved Q1 FY2026 financials: Revenue ₹243.99 cr, Net Profit ₹17.52 cr consolidated. - 9th AGM scheduled for Sept 15, 2025 via video conferencing. - Re-appointment proposal of Executive Director Rahul Sharma for 3 years. - IPO proceeds utilization update; ₹185.32 cr unutilized.

🔍 Financial Performance Overview

• Consolidated revenue for Q1 FY2026 at ₹243.99 crores showing company scale.
• Net profit of ₹17.52 crores reflects profitability for the quarter.
• Standalone revenue and net profit were ₹14.88 crores and ₹3.89 crores respectively.

📅 Governance and Corporate Actions

• 9th Annual General Meeting scheduled for September 15, 2025, via video conferencing.
• Proposed re-appointment of Executive Director Rahul Sharma for 3 years from June 26, 2026, subject to shareholder approval, ensuring leadership continuity.

💰 IPO Proceeds Utilization

• Gross IPO proceeds of approx ₹309.29 crores raised.
• ₹92.42 crores utilized for technology upgrades, acquisitions, and corporate purposes.
• ₹185.32 crores remain unutilized and held in term deposits or monitoring accounts, showing cautious fund management.

📈 Business Expansion and Acquisitions

• Acquisition of 57% stake in Aadifidelis Solutions Pvt Ltd and subsidiary for ₹77.89 crores plus ₹45.02 crores contingent consideration.

⚖️ Audit and Compliance

• Financials reviewed by independent auditors with no material adverse findings, reflecting compliance with accounting norms.

These updates indicate routine quarterly disclosures covering financial results, leadership approvals, usage of capital raised, and growth via acquisitions, providing key information for those tracking the company's performance and governance.