Hot Pursuit     21-Sep-23
BLS International slips after suspending Indian visa services in Canada
BLS International Services fell 2.49% to Rs 262.75 after the company announced that due to operation reasons, Indian visa services in Canada have been suspended till further notice with immediate effect i.e. 21 September 2023.

The impact of this move is negligible on our financials as the Canadian visa issuance business contributes less than 2% to BLS International's total annual revenue.

The announcement was made during market hours today.

BLS International Services is global tech-enabled services partner for governments and citizens. It operates in the domain of visa, passport, consular, citizen, e-governance, attestation, biometric, e-visa, and retail services since 2005. The company works with over 46 client governments including diplomatic missions, embassies & consulates and leverages technology and processes that ensure data security.

The company's consolidated net profit rose 126.16% to Rs 68.91 crore in the quarter ended June 2023 as against Rs 30.47 crore during the previous quarter ended June 2022. Sales rose 40.57% to Rs 383.49 crore in Q1 FY24 over Q1 FY23.

Previous News
  Kitex Garments Ltd leads gainers in 'A' group
 ( Hot Pursuit - 28-Jun-23   12:00 )
  BLS International Services announces cessation of director
 ( Corporate News - 09-Jun-23   20:03 )
  BLS International rises on bagging contract for Italy visa processing services
 ( Hot Pursuit - 29-Sep-21   10:59 )
  BLS International Services to hold board meeting
 ( Corporate News - 04-May-23   11:37 )
  BLS International resumes operations in 32 countries
 ( Corporate News - 09-Jun-21   12:51 )
  BLS International Services schedules AGM
 ( Corporate News - 12-Aug-23   16:19 )
  BLS International Services to hold board meeting
 ( Corporate News - 23-Jan-21   16:36 )
  BLS International Services consolidated net profit rises 162.39% in the March 2021 quarter
 ( Results - Announcements 16-Jun-21   07:35 )
  Board of BLS International Services recommends final dividend
 ( Corporate News - 24-May-18   17:24 )
  BLS International Services Ltd leads gainers in 'B' group
 ( Hot Pursuit - 07-Jan-21   12:15 )
  BLS International wins 5-year contract for Italian Visa processing in Russia
 ( Corporate News - 29-Sep-21   10:10 )
Other Stories
  DCB Bank rises on appointing Mahesh Raman as CRO
  12-Jun-24   15:07
  Va Tech Wabag Ltd leads losers in 'A' group
  12-Jun-24   15:00
  Brigade Ent plans to invest Rs 8000 cr in Chennai by 2030
  12-Jun-24   14:54
  Indian Metals & Ferro Alloys Ltd leads losers in 'B' group
  12-Jun-24   14:45
  Volumes soar at Elecon Engineering Company Ltd counter
  12-Jun-24   14:30
  BSE SME Magenta Lifecare jumps on debut
  12-Jun-24   14:22
  BSE SME 3C IT Solutions & Telecoms (India) drops on listing day
  12-Jun-24   14:18
  FMCG shares fall
  12-Jun-24   14:00
  Real Estate shares fall
  12-Jun-24   14:00
  Bhandari Hosiery zooms on fixing record date for rights issue
  12-Jun-24   13:19
Back Top