Bengaluru, August 1, 2025 — Bluspring Enterprises Limited [NSE: BLUSPRING, BSE: 544414], a leading player in India’s infrastructure management services sector, announced its financial results for the first quarter of FY2026, reporting consolidated revenue of ₹777 crore, reflecting a 13% year-on-year growth.
The company recorded an EBITDA of ₹24 crore and an adjusted profit after tax (PAT) of ₹13 crore for the quarter ending June 30, 2025. Sequentially, adjusted PAT rose by 14%, while reported PAT stood at ₹12 crore, marking a robust 123% increase compared to Q4 FY25.
“We are pleased to report a steady start to FY26, with strong revenue growth and continued momentum across our core businesses. While seasonal factors impacted margins, we remain focused on long-term value creation through disciplined execution and innovation,” said Kamal Pal Hoda, Executive Director & CEO, Bluspring Enterprises.
Segment Performance Highlights
- Facility and Food Services: Contributed ₹476 crore in revenue with ₹19 crore EBITDA. The company added 22 new contracts during the quarter with an annual contract value (ACV) of ₹73 crore. Academic holidays impacted the food services segment.
- Telecom and Industrial Services: Reported revenue of ₹152 crore and EBITDA of ₹12 crore. Despite seasonal slowdown in telecom rollouts, the industrial segment witnessed growth with four new contracts worth ₹10 crore ACV.
- Security Services: Recorded ₹149 crore in revenue with ₹4 crore EBITDA. Bluspring continues to strengthen its portfolio with a focus on high-margin electronic surveillance, recently launching its ‘Smart Homes’ solution.
- Investments (foundit): The recruitment platform foundit posted revenue of ₹20 crore with an operational EBITDA loss of ₹16 crore. The company said its product revamp and sales push are on track, with early traction visible in candidate and recruiter engagement.
Strategic Outlook
Bluspring added 87,378 employees as of Q1 FY26, marking a 4% year-on-year rise in headcount. The company reiterated its commitment to leveraging technology, strengthening operations, and delivering integrated services across sectors such as education, healthcare, manufacturing, and public utilities.
Backed by its six-brand ecosystem — Avon, Indya Foods, Terrier, Hofincons, Vedang, and foundit — Bluspring continues to focus on building a future-ready, tech-led service model.
“We aim to transform Telangana from a premier IT hub into a global leader in emerging technologies like AI and Quantum through innovation and R&D,” Hoda added.
For more information, visit www.bluspring.com.
