BLS Infotech posts Rs 14.24 lakh first-half loss as costs rise

BLS Infotech Limited reported a Rs 14.24 lakh loss for the half year ended 30 September 2026, reversing a Rs 4.41 lakh profit a year earlier, as revenue fell to Rs 9.75 lakh and total expenditure rose to Rs 23.99 lakh.

Why did BLS Infotech report a first-half loss?

BLS Infotech reported a first-half loss because its Rs 23.99 lakh total expenditure exceeded Rs 9.75 lakh total revenue by Rs 14.24 lakh in the half year ended 30 September 2026. In the corresponding half year ended 30 September 2025, it reported profit before tax of Rs 5.96 lakh and profit after tax of Rs 4.41 lakh.

The reported profit after tax deteriorated by Rs 18.65 lakh year on year, moving from a Rs 4.41 lakh profit to a Rs 14.24 lakh loss. The financial statement shows no exceptional items in either first-half period, meaning the movement was reflected in the ordinary result before tax rather than an exceptional-item adjustment.

BLS Infotech stated that it operates in one business segment, so separate segment revenue, cost and profit figures were not required. The first-half revenue and loss therefore relate to its only reported business segment rather than to a disclosed shift between operating segments.

The board approved the unaudited standalone results on 2 November 2026 after the Audit Committee considered them on the same date. Arun Jain & Associates issued a limited review report for the quarter and half year ended 30 September 2026, stating that nothing had come to its attention suggesting required disclosures were not made or that the statement contained a material misstatement.

How did BLS Infotech's revenue and expenditure change?

BLS Infotech's revenue fell by Rs 1.82 lakh to Rs 9.75 lakh in the half year ended 30 September 2026 from Rs 11.57 lakh a year earlier. This was a decline of about 16%, while total expenditure increased by Rs 18.38 lakh from Rs 5.61 lakh to Rs 23.99 lakh.

Employee-benefit expense rose to Rs 3.76 lakh from Rs 1.29 lakh in the previous first half. Other expenses increased to Rs 20.23 lakh from Rs 4.32 lakh, accounting for most of the Rs 18.38 lakh increase in total expenditure and exceeding the current period's Rs 9.75 lakh revenue.

The prior-year half-year result included Rs 1.55 lakh of tax expense, reducing pre-tax profit of Rs 5.96 lakh to profit after tax of Rs 4.41 lakh. No tax expense was reported for the half year ended 30 September 2026, leaving the Rs 14.24 lakh pre-tax loss unchanged as the loss for the period.

What were BLS Infotech's September-quarter results?

BLS Infotech recorded a Rs 7.08 lakh loss for the quarter ended 30 September 2026, compared with a Rs 7.19 lakh loss in the quarter ended 30 June 2026. Revenue increased by Rs 0.45 lakh sequentially to Rs 5.10 lakh from Rs 4.65 lakh.

Total expenditure was Rs 12.15 lakh in the September 2026 quarter, slightly above Rs 11.84 lakh in the June 2026 quarter. Although revenue rose sequentially, expenditure remained above revenue in both quarters, producing a Rs 7.08 lakh loss in September and a Rs 7.19 lakh loss in June.

Compared with the quarter ended 30 September 2025, the latest quarter moved from profit after tax of Rs 1.60 lakh to a Rs 7.08 lakh loss. Revenue rose to Rs 5.10 lakh from Rs 4.57 lakh over that comparison, while total expenditure increased to Rs 12.15 lakh from Rs 2.41 lakh.

The two quarterly losses of Rs 7.08 lakh and Rs 7.19 lakh total the reported Rs 14.24 lakh first-half loss. Basic and diluted earnings per share were both reported as negative Rs 0.00 for the first half, using the filing's rounding for shares with a face value of Re 1 each.

What do BLS Infotech's balance sheet and cash flow show?

BLS Infotech reported total assets of Rs 41.95 crore at 30 September 2026, compared with Rs 41.01 crore at 31 March 2026. Trade receivables declined to Rs 2.55 crore from Rs 4.55 crore, while cash and cash equivalents stood at Rs 1.08 crore at the September reporting date.

Total equity was Rs 40.60 crore at 30 September 2026, down from Rs 40.74 crore at 31 March 2026. The statement shows equity share capital of Rs 43.77 crore and negative other equity of Rs 3.17 crore at 30 September 2026.

The cash-flow statement reported net cash used in operating activities of Rs 16.47 lakh for 1 April 2026 to 30 September 2026. The operating cash outflow included the Rs 14.24 lakh loss before tax, a Rs 3.54 lakh decrease in other financial liabilities and provisions, partly offset by a Rs 1.31 lakh increase in trade payables.

The same statement records Rs 1.10 crore as repayment of long-term borrowings and as net cash used in financing activities. It also reports a Rs 93.53 lakh net increase in cash and bank balances, taking cash and cash equivalents from Rs 14.25 lakh at the beginning of the year to Rs 1.08 crore at the end of the reported period.

Conclusion

BLS Infotech's first-half results show that a Rs 1.82 lakh revenue decline and a Rs 18.38 lakh increase in expenditure reversed the prior-year Rs 4.41 lakh profit into a Rs 14.24 lakh loss. Other expenses of Rs 20.23 lakh were the largest disclosed cost item, while the company continued to report one business segment.

The next disclosure to watch is whether revenue improves from the Rs 5.10 lakh recorded in the September 2026 quarter and whether expenditure declines from the Rs 23.99 lakh first-half level. The filing also leaves the relationship between the stated Rs 1.10 crore financing cash outflow and the reported Rs 93.53 lakh increase in cash and bank balances as a point requiring clarity in subsequent financial disclosures.