Blue Dart Express Ltd

Blue Dart Express announced the expansion of its network with the introduction of Guwahati as a direct flying location last year. This strategic move was driven by Blue Dart's vision to empower Northeast India, a zone that plays a pivotal role in the country's economic growth, to provide them with a window to scale business in the region. Known for its vast consumption base and emerging business hubs, Guwahati serves as a key centre for industries such as Tea, Handicrafts, Pharmaceuticals, and more. Through this strategic move, Blue Dart will offer a robust next-day service to the city and a 48 hour delivery timeline to neighbouring states, catering to the region's rapidly growing consumption ecosystem. This enhanced connectivity will help boost local businesses while also ensuring that companies in Northeast India can seamlessly reach customers across the country within 24 to 48 hours. This service also offers late cut-off times and early delivery options, maximizing flexibility for customers. With minimized delivery times and optimized transit schedules, businesses handling high-value or perishable goods will benefit from enhanced reliability, reduced damages, and quicker access to markets. Balfour Manuelt Managing Director, Blue Dart Express, stated, Blue Dart's entry into Northeast India is more than just extending our network, it is about creating economic momentum in a region with immense potential. The Northeast handles substantial inbound and outbound cargo volumes annually, with significant growth potential in sectors such as agriculture, handloom, and handicrafts. Home to thriving MSMEs, the Northeast is experiencing rising demand for efficient logistics solutions to connect local businesses to national and global supply chains. By improving access to reliable, time-definite delivery, we will enable businesses of all sizes to scale operations, reduce turnaround times, and foster sustainable growth.Powered by Capital Market - Live

Blue Dart Express announced that India Ratings and Research (Ind-Ra) has upgraded the Long-Term Issuer Rating of the Company to 'IND AA+' from 'IND AA'. Powered by Capital Market - Live

On a consolidated basis, Blue Dart's net profit gained 28.91% to Rs 81.01 crore in Q3 FY25 as against Rs 62.84 crore in Q2 FY25. Total income rose 4.56% to Rs 1,523.65 crore in Q3 FY25 over Q2 FY25. PBT jumped 28.67% to Rs 109.26 crore in Q3 FY25 over Q2 FY25. On a year-on-year basis, the company's consolidated net profit fell 8.86% while total income advanced 9.31% in Q3 FY25. PBT rose 1.61% YoY. Balfour Manuel, MD, Blue Dart Express, said, Our Q3 performance reflects the resilience and adaptability of our diverse B2B & B2C solutions. This quarter's achievements highlight our ability to navigate market dynamics effectively, leveraging disciplined execution and operational excellence. We continue to deliver consistent growth and long-term value, reinforcing our role as a trusted partner for all stakeholders. Discussing the business outlook, he emphasized, 'We remain focused on building a future-ready logistics ecosystem by investing in sustainability, scalability, and service excellence. Our strategic initiatives focus on enhancing efficiency and environmental responsibility, enabling us to deliver seamless and reliable solutions. These efforts reinforce our position as the logistics provider of choice for the nation, meeting India's evolving logistics needs. 'The company's positive outlook highlights its drive to enhance market presence and increase customer engagement across its portfolio, delivering exceptional value to its partners. Recently recognized as India's Top Value Creator 2024 in the transport and logistics category, Blue Dart reaffirms its commitment to operational excellence and its position as the nation's leading trade enabler,' it added. Meanwhile, the company's board approved renewal of the aircraft, crew, maintenance, and insurance (ACMI) agreement with Blue Dart Aviation, a wholly owned subsidiary of the company, for a period of 5 years, from 1 April 2025 to 31 March 2030. Blue Dart Express is South Asia's premier express air and integrated transportation & distribution company. Powered by Capital Market - Live

Net profit of Blue Dart Express declined 8.86% to Rs 81.01 crore in the quarter ended December 2024 as against Rs 88.89 crore during the previous quarter ended December 2023. Sales rose 9.31% to Rs 1511.69 crore in the quarter ended December 2024 as against Rs 1382.93 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1511.691382.93 9 OPM %15.8315.43 - PBDT230.58218.11 6 PBT109.26107.52 2 NP81.0188.89 -9 Powered by Capital Market - Live

Blue Dart has launched India's largest low-emission integrated operating facility in Bijwasan, Delhi. This 2.5 lakh sq. ft. facility, equipped with solar power installations, connects multiple air and ground services between North India and the rest of the country, marking a significant milestone in the company's journey toward operational excellence and environmental stewardship. Strategically situated along the prominent Dwarka Expressway in Bijwasan, Delhi, the facility enjoys a prime location and is set to be just 20 minutes from Indira Gandhi International Airport. This positions it as a critical logistics hub, enhancing connectivity across the Northern region and beyond. With direct access to the IGI Airport, Indian Railways, metro corridors, and key national highways, the Bijwasan facility seamlessly integrates with the upcoming Gati Shakti Logistics Corridor. The facility is fully equipped for palletized cargo handling, with the capacity to handle over 5.5 lakh shipments per day (inbound and outbound), optimizing cargo throughput for high-volume shipments. State-of-the-art automated systems ensure precise and rapid sorting, reducing manual handling and improving resource utilization to meet evolving business demands. Solar power installations with a 600-kW capacity are pivotal in minimizing carbon emissions and supporting more sustainable energy practices. Powered by Capital Market - Live

Blue Dart Express will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

However, Revenue from operations jumped 9.36% YoY to Rs 1,448.46 crore in the quarter ended 30 September 2024. Profit before tax stood at Rs 84.91 crore in September 2024 quarter, down 13.23% from Rs 97.86 crore posted in Q2 FY24. On full year basis, the company's consolidated net profit decreased 13.45% to Rs 116.26 crore in H1 FY25 as against Rs 134.34 crore posted in H1 FY24. Revenue from operations grew 8.94% YoY to Rs 2,791.17 crore in FY25. The company said that during the period FY24, Blue Dart marked sustaining of revenue levels after significant surge observed in post-pandemic period. Balfour Manuel, managing director of Blue Dart, said, '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 828 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.' Blue Dart Express is South Asia's premier express air and integrated transportation & distribution company. Powered by Capital Market - Live

Net profit of Blue Dart Express declined 13.99% to Rs 62.84 crore in the quarter ended September 2024 as against Rs 73.06 crore during the previous quarter ended September 2023. Sales rose 9.36% to Rs 1448.46 crore in the quarter ended September 2024 as against Rs 1324.48 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1448.461324.48 9 OPM %15.0516.82 - PBDT205.92208.42 -1 PBT84.9197.86 -13 NP62.8473.06 -14 Powered by Capital Market - Live

Blue Dart Express will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

Nava Ltd, Mrs Bectors Food Specialities Ltd, Reliance Infrastructure Ltd and Mahanagar Gas Ltd are among the other gainers in the BSE's 'A' group today, 17 September 2024.Blue Dart Express Ltd soared 10.97% to Rs 9120 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 4847 shares were traded on the counter so far as against the average daily volumes of 490 shares in the past one month. Nava Ltd spiked 7.99% to Rs 1195.3. The stock was the second biggest gainer in 'A' group. On the BSE, 38613 shares were traded on the counter so far as against the average daily volumes of 17840 shares in the past one month. Mrs Bectors Food Specialities Ltd surged 6.79% to Rs 1913.55. The stock was the third biggest gainer in 'A' group. On the BSE, 9631 shares were traded on the counter so far as against the average daily volumes of 21300 shares in the past one month. Reliance Infrastructure Ltd jumped 6.07% to Rs 228.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3.81 lakh shares were traded on the counter so far as against the average daily volumes of 6.73 lakh shares in the past one month. Mahanagar Gas Ltd gained 5.90% to Rs 1926.25. The stock was the fifth biggest gainer in 'A' group. On the BSE, 80417 shares were traded on the counter so far as against the average daily volumes of 14075 shares in the past one month. Powered by Capital Market - Live