Blue Dart announces Q2 results, sales at Rs 1,448 crore

Blue Dart Express, South Asia's premier express air, integrated transportation, and distribution logistics company, declared its financial results for the quarter ended September 30, 2024, at its Board Meeting held in Mumbai.

The company posted Rs 60.76 crore profit after tax for the quarter ended September 30, 2024. Revenue from operations for the same period stood at Rs 1,448.46 crore. Blue Dart's exceptional service quality, strengthened by advanced automation and technology, remains a cornerstone of its operations, providing customers with a seamless, one-stop solution for all their logistics needs.

Reflecting on the company's performance, Balfour Manuel, Managing Director, Blue Dart Express Ltd., stated, 'During the quarter, we achieved strong year-on-year revenue growth, showcasing our robust performance across both established and sunrise sectors. Our increased earnings capacity enables us to strategically invest in expanding our network, including the deployment of new aircraft into our fleet to enhance our service offerings and meet our customers' evolving needs. Following this, we are also investing in the development of strategic ground hubs and delivery centers for B2B and e-commerce distribution. These investments are designed to enhance scalability, flexibility, accuracy, and speed across our entire network, driving sustainable future growth. By staying agile and innovative, we are well-positioned to seize emerging opportunities and deliver even greater value to our customers.

The company’s positive outlook underlines its readiness to capitalize on future prospects while maintaining its reputation as the provider of choice. Blue Dart is accelerating sustainable growth through its various initiatives, focusing on structural tailwinds in fast-growing geographies and industry sectors, including the megatrend of e-commerce. As a trusted trade facilitator, Blue Dart continues to expand its share of wallet (SOW) in key markets, setting industry standards and driving value for its partners.

Related Stories

Bids Invited for 120 km Narmada River Cruise in Madhya Pradesh

The Madhya Pradesh Tourism Department has invited bids for operating a 120 km cruise expedition along the Narmada River, connecting Ekatma Dham (...

Read More

REC to Fund Health Equipment in Raipur, Chhattisgarh

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, has signed a Memorandum of Agreement (MoA) with the District Health...

Read More

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back