Bluspring Enterprises Ltd

STEAG Energy Services (India), a wholly-owned step down subsidiary of  Bluspring Enterprises has been awarded an order from Bharat Aluminium Company for comprehensive operations and maintenance of 1740 MW power plant. The estimated size of the contract is Rs 2,049.8 crore.

The contract, valued at an estimated Rs 2,049.8 crore including additional services, will be effective from July 1, 2026, and remain in force for a period of 60 months. The scope of work covers comprehensive operations and maintenance services for BALCO's power generation facility. The company said the contract has been awarded by a domestic entity and does not constitute a related-party transaction. It also clarified that neither its promoter nor promoter group entities have any interest in BALCO. Bluspring Enterprises is an integrated infrastructure services enterprise. It delivers integrated facility management, food and hospitality, security (powered by Terrier), engineering asset management (powered by Hofincons), and telecom networks (powered by Vedang) through its category-leading brands. The company recorded a consolidated net profit of Rs 4.12 crore in Q4 FY26 as against a net loss of Rs 19.74 crore in Q4 FY25. Revenue rose by 7.9% year-on-year (YoY) to Rs 864.80 crore in the March 2026 quarter. Powered by Capital Market - Live

Bluspring Enterprises announced that its subsidiary, Bluspring New Horizon One has completed the acquisition 100% of the paid-up share capital of STEAG Energy Services (India) (SESI) on a fully diluted basis from STEAG Power GmbH and consequently SESI has become a wholly-owned step-down subsidiary of the Company with effect from today, i.e. 21 May 2026.

Revenue rose by 7.9% year-on-year (YoY) to Rs 864.80 crore in the March 2026 quarter. Total operating expenditure increased by 5.3% to Rs 845.16 crore in Q4 FY26 over Q4 FY25. The company posted a pre-tax profit of Rs 7.96 crore in Q4 FY26 as against a pre-tax loss of Rs 20.40 crore in Q4 FY25. Bluspring Enterprises has recorded a net loss of Rs 15.34 crore in FY26 as against a net loss of Rs 172.03 crore in FY25. Revenue fell by 2.9% to Rs 3,382.03 crore in FY26 over FY25. Bluspring Enterprises is an integrated infrastructure services enterprise. It delivers integrated facility management, food and hospitality, security (powered by Terrier), engineering asset management (powered by Hofincons), and telecom networks (powered by Vedang) through its category-leading brands.Powered by Capital Market - Live

Net profit of Bluspring Enterprises reported to Rs 4.12 crore in the quarter ended March 2026 as against net loss of Rs 19.74 crore during the previous quarter ended March 2025. Sales rose 7.90% to Rs 864.80 crore in the quarter ended March 2026 as against Rs 801.51 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 15.34 crore in the year ended March 2026 as against net loss of Rs 172.03 crore during the previous year ended March 2025. Sales declined 2.91% to Rs 3382.03 crore in the year ended March 2026 as against Rs 3483.57 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales864.80801.51 8 3382.033483.57 -3 OPM %2.900.59 -2.312.34 - PBDT24.24-2.76 LP 59.1948.87 21 PBT13.44-14.23 LP 12.20-1.63 LP NP4.12-19.74 LP -15.34-172.03 91 Powered by Capital Market - Live

Bluspring Enterprises will hold a meeting of the Board of Directors of the Company on 19 May 2026.

Bluspring New Horizon Two is a wholly owned subsidiary of Bluspring Enterprises. LSG India is ultimately owned by AURELIUS, a global private equity investor widely recognised for its operational approach and operates airline catering facilities at Bengaluru and Hyderabad airports. The proposed transaction involves the acquisition of the Bengaluru operations, with the Hyderabad operations to be carved out prior to closing. The transaction is expected to close within the next 60'90 days, subject to customary closing conditions. Founded in 2001, LSG India is a leading provider of in-flight catering and allied aviation services for domestic and international airlines, including IndiGo, Lufthansa, Etihad and Qatar Airways. Backed by strong operational infrastructure, the Bengaluru kitchen spans an area of 9,272 square meters with a capacity of approximately 15,000 meals per day, and additional expansion potential to support future growth. The company's integrated catering and logistics capabilities enable it to cover the end-to-end aviation catering value chain. The company had recorded turnover of Rs 101 crore in FY25. Bluspring Enterprises has acquired 100% stake in LSG Sky Chefs (India) for a total consideration of Rs 129 crore. The acquisition gives Bluspring access to in-flight catering facilities operating at Bengaluru Airport under a long-term concession agreement until 2039. According to Bangalore International Airport (BIAL) estimates, air passenger traffic at Bengaluru airport is poised to rise from 45 million now to over 70 million by 2030, which would provide Bluspring with a strong platform to capture the high growth aviation catering business across India. Kamal Pal Hoda, executive director & CEO, Bluspring Enterprises, said: This acquisition marks a strategic milestone for Bluspring as we enter the aviation services ecosystem through a high-quality operating asset at Bengaluru Airport. It gives us immediate scale in a niche, high-entry-barrier segment while creating opportunities to expand into adjacent airport-linked services. The business complements our existing food services vertical, significantly expanding margins and ROE, and supports our long-term growth and profitability ambitions.' Bluspring Enterprises is an integrated infrastructure services enterprise. It delivers integrated facility management, food and hospitality, security (powered by Terrier), engineering asset management (powered by Hofincons), and telecom networks (powered by Vedang) through its category-leading brands. The scrip had added 3.44% to end at Rs 66.83 on the BSE yesterday.

Bluspring Enterprises will hold a meeting of the Board of Directors of the Company on 3 February 2026.Powered by Capital Market - Live

Bluspring Enterprises today unveiled its refreshed brand identity, introducing a new logo and visual language. The brand marks Bluspring's evolution as an independent, listed entity post its demerger from Quess Corp, and reinforces its role as a trusted partner for organizations seeking tech-enabled, compliance-first solutions across essential infrastructure and people services. Rooted in Bluspring's ethos of unity, ambition, and progress, the new identity brings together its specialist capabilities and legacy brands under a cohesive platform. The visual identity is anchored by the new tagline, 'Infrastructure. People. Progress.'; capturing the belief that seamless infrastructure is built by empowered people and together they accelerate nation's progress. The new logo, composed of interconnected blocks forming the letter 'B', represents how diverse teams and services integrate to create collective strength, while its forward-leaning form signals growth and transformation. The blue-green palette reinforces trust, stability, and renewal. The updated brand architecture reflects a service-line-first model with 'powered by' endorsements for category-leading brands such as Terrier, Hofincons, and Vedang - enabling clients to benefit from sector expertise alongside single-contract accountability and nationwide delivery. The company today operates at scale across integrated facility management, food and hospitality, integrated security (powered by Terrier), engineering asset management (powered by Hofincons), and telecom networks (powered by Vedang). This structure unifies the company's narrative for clients, partners, and stakeholders, while preserving the equity and specialist strengths of its legacy brands. Powered by Capital Market - Live

Bluspring Enterprises will hold a meeting of the Board of Directors of the Company on 6 November 2025.Powered by Capital Market - Live