BLS International Services Ltd (BOM:540073)
₹ 470.4 -7 (-1.47%) Market Cap: 196.32 Bil Enterprise Value: 190.58 Bil PE Ratio: 46.46 PB Ratio: 13.57 GF Score: 93/100

Q3 2020 BLS International Services Ltd Earnings Call Transcript

Feb 04, 2020 / 08:30AM GMT
Release Date Price: ₹16.99 (+1.34%)
Operator

Ladies and gentlemen, good day, and welcome to the BLS International Q3 and 9 Months FY '20 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I would now like to hand the conference over to Mr. Shikhar Aggarwal, Joint Managing Director of BLS. Thank you, and over to you, sir.

Shikhar Aggarwal
BLS International Services Limited - Joint MD & Executive Director

Good afternoon, everyone. I welcome you to all the conference -- earnings conference call of Q3 and 9 months financial year '20. I have with me on the call, Nikhil Gupta, our Managing Director; Amit Sudhakar, our CFO; and Pooja from Pareto Capital, our IR Adviser.

Let me briefly update you on the recent developments and our business strategy going forward. We are glad to report 11% revenue growth in Q3 FY '20 and 12% growth in 9 months ending FY '20. This was driven by organic growth in our core business of visa, passport and consular services. This quarter, we commenced accepting visa applications for Brazil embassy in Beirut,

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