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Blue Dart Express Ltd News

Blue Dart Express Q1 results: Net profit declines 13% to Rs 53 crore

Logistics company Blue Dart Express on Friday reported 12.82 per cent decline in consolidated net profit at Rs 53.42 crore for June quarter 2024-25. The company had logged a net profit of Rs 61.28 crore in April-June FY24, according to a regulatory filing by Blue Dart Express. However, revenue from operations was up 8.5 per cent to Rs 1,342.71 crore from Rs 1,237.55 crore a year ago. Total expenses in June quarter FY25 were higher by 9.81 per cent to Rs 1,279.76 crore. Total income was at Rs 1,351.79 crore, up 8.33 per cent from the year-ago period. "We are optimistic about the growth opportunities that align with the country's development. By expanding our network, leveraging technology, and enhancing service capabilities, we are well-positioned to seize emerging opportunities and deliver exceptional value to our customers and stakeholders," Managing Director Balfour Manuel said. Meanwhile, in a separate filing, Blue Dart informed that its board has approved the appointment of .

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Updated On : 19 Jul 2024 | 7:33 PM IST

Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%

The uptick in share price came after the company rolled out drone delivery service in pact with Skye Air, a drone delivery service provider

Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%
Updated On : 20 Jun 2024 | 9:47 AM IST

Blue Dart begins drone deliveries for couriers in partnership with Skye Air

Drone delivery is a major step towards sustainable, swift, and eco-friendly solutions, Blue Dart said

Blue Dart begins drone deliveries for couriers in partnership with Skye Air
Updated On : 19 Jun 2024 | 4:43 PM IST

Blue Dart Express Q4 results: Net profit rises 12% to Rs 78 crore

Logistics company Blue Dart Express on Thursday reported a consolidated net profit of Rs 77.78 crore for the March quarter, registering a 12 per cent increase on the back of revenue growth. The company had reported a net profit of Rs 69.44 crore in the year-ago period. The express air integrated transportation, and distribution logistics company, declared its financial results on Thursday for the March quarter and the entire 2023-24 fiscal year at its board meeting held in Mumbai. Blue Dart's total income for the fourth quarter stood at Rs 1,333.93 crore, as against Rs 1,225.22 crore a year ago, a regulatory filing showed. "In FY24, our profit margin levels have been sustained amidst network expansion and infrastructure investments in recent quarters. These initiatives included the establishment of crucial air routes through the acquisition of two 737 freighters and the inauguration of state-of-the-art facilities," Blue Dart Express Managing Director Balfour Manuel said.

Blue Dart Express Q4 results: Net profit rises 12% to Rs 78 crore
Updated On : 02 May 2024 | 9:30 PM IST

Blue Dart Express Q3 profit rises to Rs 888.9 mn on festive demand

Logistic companies have been grappling with increased competition, slow demand and volatile air turbine fuel (ATF) rates, which form a major part of their expenses

Blue Dart Express Q3 profit rises to Rs 888.9 mn on festive demand
Updated On : 24 Jan 2024 | 8:30 PM IST