Blue Dart Q4 net surges to Rs 34 cr

May 16, 2018: Blue Dart Express Limited has posted Rs 34.13 crores profit after tax (PAT) and Rs 142.10 crores for the quarter and year ended March 31, 2018, respectively. The revenue from operations stood at Rs 716.77 crores and Rs 2,790.85 crores for the quarter and year ended, respectively. The financial results were declared at the board meeting held in Mumbai.

Anil Khanna, managing director, Blue Dart said, "We have witnessed a sluggish market sentiment due to a challenging economic environment, slowing business growths, hyper-active competitive pressures in B2B and B2C, introduction of GST and initial hiccups in e-waybill implementation etc. Blue Dart remains committed to Blue Dart country and will continue to focus our strategy towards maintaining market leadership in all segments.”

During the year ended March 31, 2018, Blue Dart handled over 1,958.86 lac domestic shipments, 9.15 lac international shipments and over 696,961 tonnes of documents and parcels across the nation and 220 countries worldwide.