Domestic courier company Blue Dart Express on Friday reported a marginal rise of 3.4 per cent in its consolidated net profit at Rs 93.6 crore for the quarter ended September 30, 2022. The company had posted consolidated net profit of Rs 90.5 crore in the year-ago period, it said in a BSE filing. The company's consolidated income during the July-September period increased to Rs 1,332.9 crore, over Rs 1,129.8 crore last year. Blue Dart Managing Director Balfour Manuel said the company is doing well due to balanced mix of growth and transformational projects.
Blue Dart said high inflation, rising interest rate, and high input costs have all taken a toll on the margins of the business
Margin levels could see an improvement on higher volumes, price hike
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Logistics service provider Blue Dart Express on Wednesday reported more than three-fold jump in consolidated profit after tax at Rs 118.79 crore in April-June 2022 quarter over the same period
Blue Dart Express posted 34 per cent revenue growth in 2021-22, assisted by 30 per cent growth in volumes; the rest came from higher realisations
Logistics services provider Blue Dart Express Ltd on Thursday reported an increase of 52.18 per cent in its consolidated net profit at Rs 136.97 crore for the fourth quarter ended March 2022.
The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year
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However, the company had posted a consolidated net loss of Rs 125.84 crore in the year-ago period, Blue Dart Express said in a filing to the BSE.
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Stocks of 18 of these 25 firms managed to outperform the S&P BSE Sensex on a year-to-date (YTD) basis
Record Q3 performance helps sustain stock price which is up 146 per cent over the last six months
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Logistics major Blue Dart Express on Thursday reported a net profit of Rs 95.32 crore for the third quarter ended December 2020. The company had registered a net loss of Rs 31.92 crore in the corresponding quarter last fiscal, it said in a BSE filing. Revenue from operations for the third quarter stood at Rs 1,034.92 crore, the company said in a statement. "Blue Dart has outperformed in the quarter ended December 31, 2020, with an increase in sales by 21 per cent. The stellar performance for the quarter is backed by right yield management and aggressive cost efficiencies delivered through high service delivery by passionate and pandemic warriors frontline Blue Darters. "Sectors such as E-commerce, Pharmaceuticals, Consumer electronics etc saw rapid scaling owing to a shift in consumer buying behaviour & consumption patterns," its Managing Director Balfour Manuel said. He said the organisation has exceeded expectations of customers with a focus on service quality. "We are thrilled
The unlock process and premium pricing have helped improve operational performance
In the past three months, the stock has rallied 75 per cent, against a 4.5 per cent rise in the S&P BSE Sensex.