In a significant development, BLS International Services achieved a 52-week high, reaching Rs 315.75, following the successful acquisition of the outsourcing contract for Consular, Passport, and Visa services from the High Commission of India (HCI) in Canada. The contract encompasses operations at HCI in Ottawa and Consulate Generals of India (CGIs) in Toronto and Vancouver.
As of 9:36 AM, BLS International Services was trading at Rs 314.70, reflecting a 6.19 percent increase on the BSE. The company expressed its satisfaction in a statement, stating, “The company has been awarded the contract for outsourcing consular, passport, and visa services by the High Commission of India (HCI) in Canada.”
This contract ensures that BLS International will continue to provide a spectrum of services, including consular support, passport processing, and visa facilitation.
Earlier on December 4, the company secured a substantial order from the State Health Agency – Ayushman Bharat-Pradhanmantri Jan Arogya Yojana, Uttar Pradesh. This collaboration involves the processing of Ayushman Cards on the National Health Authority (NHA) IT platform.
Furthermore, on November 27, BLS International received a contract from the Unique Identification Authority of India (UIDAI) to conduct a comprehensive data quality check for Aadhaar information. This extensive project, spanning over three years and extendable by another two years, holds the potential to generate revenues of around Rs 50 crore.
In the September quarter, the company reported a remarkable 56.3 percent surge in net profit, amounting to Rs 78.75 crore.
