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Blue Dart Sales at Rs. 786.55 crores for the Quarter April - June 2019

  • The Company posted Rs.4.59 crores profit after tax for the Quarter April - June 2019

Mumbai, July 31, 2019

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 June 30, 2019, at its Board Meeting held in Mumbai.

The company posted Rs. 4.59 crores profit after tax for the quarter ended June 30, 2019. Revenue from operations for the quarter ended June 30, 2019 stood at Rs. 786.55 crores.

Balfour Manuel, Managing Director, Blue Dart said, "The macro economic and business environment continues to be volatile and challenging. Amidst this scenario, Blue Dart has delivered a modest performance this quarter. We have been investing aggressively in expanding our reach, improving transit times, focusing on revenue from small towns and SMEs, growth from channels & key sectors, ramping up our network, infrastructure and technology solutions. It is expected to benefit us going forward.

Our strengthened focus on service quality, cost rationalisation to improve margins, better customer experience and automation will continue to drive the growth of our business and create value for our stakeholders. Our commitment to serve Blue Dart country and strengthen our market leadership with the support of our highly passionate team, remains persistent".

He adds, "With several accolades to its credit, Blue Dart remains one of the most awarded, admired and best managed companies in India. It was recognised as the No.1 Best Multinational Workplaces in Asia 2019 by Great Place to Work® Institute (GPTW) Asia for the third consecutive year, amongst the Top 50 of India's Best Companies to Work For - 2019 by Great Place to Work® Institute (GPTW) India for the 9th year, awarded a Business Superbrand for the 12th consecutive time, recognised a Reader's Digest Most Trusted Brand for the 13th consecutive year and as a Company with Great People Managers by Great Manager Institute and Forbes".

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 35,000 locations in India. As part of Deutsche Post DHL Group's DHL eCommerce Solutions 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, customs clearance etc.

The Blue Dart team drives market leadership through its motivated people, 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 its position as the nation's most innovative and awarded express logistics company 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, India, ranked amongst 'Best Multinational Workplaces in Asia' by The Great Place to Work® Institute, Asia, voted a 'Superbrand' and 'Reader's Digest Most Trusted Brand', listed as one of Fortune 500's 'India's Largest Corporations' and Forbes 'India's Super 50 Companies' to name a few.

Blue Dart fulfils its social responsibility of climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach) through programs.

For financial results Click here

For further information contact :

marketing@bluedart.com

Dated : 31st July 2019

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