Latest news with #BluspringEnterprisesLimited
Fashion Value Chain
01-08-2025
- Business
- Fashion Value Chain
Bluspring Posts ₹777 Cr Revenue in Q1 FY26, Grows 13% YoY
Bengaluru, India, August 1, 2025 – Bluspring Enterprises Limited [NSE: BLUSPRING, BSE: 544414], one of India's leading infrastructure management services firms, announced its financial performance for Q1 FY26 (ended June 30, 2025), reporting a 13% year-on-year revenue growth to ₹777 crore. While revenue showed strength, EBITDA stood at ₹24 crore, reflecting an 11% decline YoY, primarily due to seasonal softness in higher-margin segments like Telecom and Food Services. Adjusted Profit After Tax (PAT) came in at ₹13 crore, showing a 14% quarter-on-quarter increase despite a modest 5% YoY dip. Commenting on the results, Kamal Pal Hoda, Executive Director & CEO, Bluspring Enterprises, stated: 'We are pleased to report a steady start to FY26, with robust revenue of ₹777 crore and EBITDA of ₹24 crore (excluding investments), driven by disciplined execution and continued strength across our core businesses. While Facility & Food Services and Telecom & Industrial Services delivered double-digit Y-o-Y revenue growth on the back of healthy demand and strong execution, Security Services maintained a stable trajectory with 8% growth.' He further emphasized: 'Given the inherent seasonality in our high-margin businesses, particularly in the first quarter for Telecom and Food Services, we saw a decline in EBITDA margins. We also continued our investments in scaling foundit, as we remain confident in its potential to emerge as a profitable recruitment platform in the medium term.'
Business Upturn
11-06-2025
- Business
- Business Upturn
Bluspring Enterprises shares list at Rs 89 per share on NSE following demerger from Quess Corp
By Aditya Bhagchandani Published on June 11, 2025, 10:12 IST Bluspring Enterprises Limited made its stock market debut on June 11, 2025, with shares listing at Rs 89, and currently trading Rs 84.55 apiece on the National Stock Exchange (NSE) under the symbol BLUSPRING-BE . The company has also been listed on the Bombay Stock Exchange (BSE) under the ticker BLUSPRING , although trading was yet to commence there as of the latest update. This listing follows the successful execution of a Composite Scheme of Arrangement involving Quess Corp, Digitide Solutions, and Bluspring Enterprises, approved earlier by regulatory authorities. As part of the restructuring, Quess Corp shareholders received shares in the two new entities in a 1:1 ratio. Bluspring's debut on the exchange witnessed heavy selling pressure with over 10.5 lakh shares offered in early trade, indicating a supply overhang from the demerger. The stock opened without any immediate buy-side bids, reflecting investor caution on day one. With its formal listing now complete, Bluspring Enterprises will operate as an independent entity focused on workforce management and related services. Investors can access more details about the scheme and corporate structure on Quess Corp's official website. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
