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.'
