Bluspring Enterprises Reports ₹4.16 Crores Share Purchase on Nov

Bluspring Enterprises Limited recently announced significant developments from its Board meeting held on November 6, 2025. The company reported **unaudited financial results** for the second quarter a

6 November 2025
5 min read

Bluspring Enterprises Limited recently announced significant developments from its Board meeting held on November 6, 2025. The company reported unaudited financial results for the second quarter and the half-year ending September 30, 2025. In these results, the company highlighted a total revenue of ₹8,627.67 million, marking a notable increase compared to previous periods. Additionally, Bluspring confirmed the purchase of 2% equity shares in its subsidiary, Vedang Cellular Services Private Limited, from Mr. Ashish Kapoor for ₹4.16 crores, which will increase its holding in Vedang to 98.98%.

The financial results revealed a profit of ₹35.21 million for the quarter, despite a total comprehensive loss of ₹21.49 million, indicating ongoing challenges within the market. The company's expenses totaled ₹8,606.08 million, with significant costs in employee benefits and material consumption. The Board of Directors emphasized their commitment to transparency by releasing these results in compliance with SEBI regulations, ensuring that the financial data is readily available for stakeholders and investors.

Bluspring's proactive approach in acquiring additional shares of Vedang reflects its strategic intent to consolidate control over its subsidiary, enhancing its operational capabilities. The company continues to navigate a complex financial landscape, and while it has shown resilience through its latest financial performance, it is clear that ongoing evaluations and adjustments will be essential for sustaining growth. For more details, stakeholders can access the full report on the company’s website at www.bluspring.com.