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Blue Dart Sales at Rs 667 crores for the Quarter April - June 2017

- The Company posted Rs. 139.57 crores profit after tax

Mumbai May 5, 2017

Blue Dart Express Limited, South Asia's premier express air and integrated transportation & distribution company, declared its financial results for the quarter & year ended March 31, 2017, at the Board Meeting held in Mumbai.

The company posted Rs. 24.52 crores profit after tax for the quarter ended March 31, 2017 and Rs. 139.57 crores for the year ended March 31, 2017. Net Sales/Income from operations for the quarter ended March 31, 2017 stood at Rs. 676.28 crores and Rs. 2,680.87 crores for the year ended March 31, 2017.

Anil Khanna, Managing Director, Blue Dart said, "It has been a turbulent and challenging financial year for the industry and our business, due to the subdued economic environment and reduced consumer spending. However, with a clear focus on managing cost pressures and improving efficiency and EBIT, Blue Dart has displayed a modest performance this year. We await the roll out of GST and are confident of sustaining our growth in the coming quarters as well and will see greater acceleration, as the year unfolds.

We will steer our business further through automation & technology enhancement, by strengthening our network and improving our service quality while continuing with our insanely customer centric-culture with the support of our highly enthused and passionate team. Our customers, stakeholders, shareholders and our people remain our pillars of success".

Blue Dart is a responsible corporate and remains a leader in the express logistics industry in India. It is also one of the most admired companies, being recognised as a Business Superbrand for the 10th consecutive year, Reader's Digest Trusted Brand for the 11th consecutive year and ranked 17th amongst top 50 'Best companies to Work for in India 2016' awarded by Great Place to Work Institute, India.

During the year ended March 31, 2017, Blue Dart handled over 184.15 million domestic shipments, 0.91 million international shipments and over 641,284 tonnes of documents and parcels across the nation and 220 countries worldwide.

About Blue Dart:

Blue Dart Express Ltd., South Asia's premier express air and integrated transportation & distribution company, offers secure and reliable delivery of consignments to over 34,959 locations in India. As part of the Deutsche Post DHL Group's (DHL Express, DHL Global Forwarding & DHL Supply Chain) Post - eCommerce - Parcel (PeP) division, Blue Dart accesses the largest and most comprehensive express and logistics network worldwide, covering over 220 countries and territories and offers an entire spectrum of distribution services including air express, freight forwarding, supply chain solutions and customs clearance.

he Blue Dart team drives market leadership through its motivated people force, dedicated air and ground capacity, cutting-edge technology, wide range of innovative, vertical specific products and value-added services to deliver unmatched standards of service quality to its customers. Blue Dart's market leadership is further validated by numerous awards and recognitions from customers for exhibiting reliability, superior brand experience and sustainability which include recognition as one of 'India's Best Companies to Work For' by The Great Place to Work® Institute, amongst the Top 25 Best Employers in India 2016 by AON Hewitt, voted as a Superbrand for the 10th consecutive year, listed as one of Fortune 500's India's Largest Corporations and Forbes India's Super 50 Companies and voted Reader's Digest Most Trusted Brand for the 11th consecutive year, to name a few.

Blue Dart accepts its social responsibility by supporting climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach).

 

For Financial results click here

For further information contact :

marketing@bluedart.com

Dated :May 05,2017

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