Page 33 - ITLN May-June 2024 for Magzter

News

Blue Dart reports ₹5,268 crore revenue in FY24

lue Dart Express, part ended March 31, 2024, is at
Bof DHL Group’s DHL ₹1,323 crore with a growth of
eCommerce division, declared 8.7% and profit after tax is ₹76
its financial results with crore with a growth of 8.1%,
revenue from operations at signifying the growth rates
₹5,268 crore, accompanied by getting further momentum in
a profit after tax of ₹289 crore, the last quarter vs. full year.
for the fiscal year ending March Balfour Manuel, managing
31, 2024. director, Blue Dart Express,
“This marks sustaining of stated, "In FY24, our profit
revenue levels after significant margin levels have been
surge observed in post- sustained amidst network
pandemic period,” reads expansion and infrastructure
the release. Revenue from investments in the recent
operations for the quarter quarters.”

Bengaluru Airport cargo CSMIA records a 6%

handled up 7% in FY2024 YoY increase in overall

empegowda International BLR Cargo continued its cargo volumes
KAirport Bengaluru (KIAB/ growth momentum operating
Bengaluru Airport) handled to 33 destinations in FY2024
439,524 tonnes of cargo in compared to 25 destinations
the financial year 2023-24, in FY2023. "Serving as a vital
an increase of 7.1 percent gateway, BLR Cargo facilitated
compared with FY2023. exports to top international
"International tonnage destinations with significant
reached 266,186 tonnes, a growth in export commodities
four percent growth over the such as agri perishables,
previous year while domestic machinery parts and
tonnage experienced a strong pharmaceutical products. The
13 percent rise, totaling top five destinations for exports
173,338 tonnes in comparison include Leipzig/Halle, Cologne
to the previous year," says an Bonn, Chicago O'Hare, Dubai
official release. and Singapore Changi." hhatrapati Shivaji Maharaj International
CAirport (CSMIA) connected to more
than 700 cargo destinations during this
fiscal year, resulting in a notable 6% year-
on-year increase in overall cargo volumes
in FY2024.
“This increase indicates a significant step
forward in economic recovery, following
the Covid-19 pandemic. This boost was
primarily driven by a remarkable 10 percent
increase in international cargo volumes.
This indicates that global trade and logistics
have recovered impressively, with volumes
recovering to 93 percent of pre-COVID
levels,” the release reads.

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