Bengaluru, India, 25 June 2025 — Bluspring Enterprises Limited (NSE: BLUSPRING, BSE: 544414), India’s leading infrastructure management services provider, today announced its financial results for the fourth quarter and full year ended 31 March 2025—marking its inaugural earnings release as an independent listed company.
FY25 Financial Highlights (Excluding Investments)
- Revenue: ₹2,969 crore, up 15% YoY
- EBITDA: ₹110 crore, marginally down 2% YoY
- Adjusted PAT: ₹53 crore, up 7% YoY
- Net Cash Position: ₹31 crore as of March 31, 2025
CEO Commentary
“It’s a proud moment as we present our first full-year results as a listed company,” said Kamal Pal Hoda, Executive Director & CEO, Bluspring. “This performance underscores our operational scale and sector strength. Facility & Food Services saw double-digit growth, Telecom & Industrial Services maintained strong momentum, and Security Services sharpened its margin focus. We are committed to scaling ‘foundit’ with a goal of medium-term profitability while prioritizing cross-sell, digital enablement, and operational efficiency across verticals.”
“Looking ahead, our focus remains clear—enhance sales intensity, optimize EBITDA margins, and contribute to India’s infrastructure growth story with a tech-first, sector-focused strategy.”
FY25 Segmental Performance
Headcount:
87,683 employees—a YoY increase of 8%
Facility and Food Services
- Revenue: ₹1,816 crore EBITDA: ₹83 crore
- 87 new contracts secured
- Investments in leadership, sales, and digital operations
Telecom and Industrial Services
- Revenue: ₹576 crore EBITDA: ₹51 crore
- Sustained project momentum with focus on annuity-based revenue
- Growing presence in sunrise sectors and telecom O&M
Security Services
- Revenue: ₹577 crore EBITDA: ₹15 crore
- 6% growth in manned guarding (21,394 headcount)
- Shift toward high-margin electronic surveillance solutions
Digital Investment – foundit (Excluding from consolidated numbers)
- Revenue: ₹118 crore EBITDA: ₹(42 crore)
- 6-month active user base up 36% YoY to 29 million
- Recruiter searches up 22% YoY to 4.6 million
Note: FY24 data sourced from internal reports. FY25 data based on audited financials from February 11, 2024 to March 31, 2025. Adjusted PAT excludes exceptional items.
