Blue Dart Sales at Rs. 702.83 crores for the Quarter July - September 2017
- The Company posted Rs. 41.39 crores profit after tax for the Quarter July - September 2017
Mumbai October 17, 2017
Blue Dart Express Limited, South Asia's premier express air and integrated transportation, distribution and logistics company, today declared its financial results for the quarter ended September 30, 2017, at its Board Meeting held in Mumbai.
The company posted Rs. 41.39 crores profit after tax for the quarter ended September 30, 2017. Revenue from operations for the quarter ended September 30, 2017 stood at Rs. 702.83 crores.
Anil Khanna, Managing Director, Blue Dart said, "The economy is still reviving from the after effects of demonetisation and now GST, which has impacted growth across certain large industry verticals. The outlook is moderate and holds the potential for long term benefits. The challenges will continue through the year. As leaders in the express logistics industry and trade facilitators for the country, we will maintain a keen focus on managing cost pressures and improving efficiency and EBIT to sustain our performance.
We will also continue to delight our customers through high service quality, best-in-class technological innovations, products and services. We remain committed and will continue to have a strategic thrust towards maintaining market leadership in all segments and sustain our leadership position with renewed passion, focus and commitment."
Blue Dart continues to be a brand that is highly admired, awarded and respected in the industry. It was recently recognised as the No.1 Best Multinational Workplaces in Asia 2017 by Great Place to Work® Institute (GPTW) Asia, amongst the Top 50 of India's Best Companies to Work For - 2017 by Great Place to Work® Institute (GPTW) India for the 7th time, awarded a Business Superbrand for the 10th consecutive time, Reader's Digest Most Trusted Brand for the 11th consecutive time this year, Best Logistics Company Award 2017 (Domestic) at the ASSOCHAM Services Excellence Awards, Ones to Watch in Air Transportation, Scheduled - India and the APAC Excellence Award for Air Transport 2017 by APAC Insider.
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 35,129 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.
The 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 the No.1 Best Multinational Workplaces in Asia 2017 by Great Place to Work® Institute (GPTW) Asia, Top 50 of India's Best Companies to Work For - 2017 by Great Place to Work® Institute (GPTW) India, Business Superbrand for the 10th consecutive time and Reader's Digest Most Trusted Brand for the 11th consecutive time this year.
Blue Dart accepts its social responsibility by supporting climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach).
For Financial results click here
Dated :October 17,2017