Indian Transport & Logistics

Blue Dart Sales at ` 2,553.06 crores

Blue Dart Sales at ` 2,553.06 crores
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Blue Dart Express, South Asia's premier express air and integrated transportation & distribution company, declared its financial results for the quarter & year ended March 31, 2016, at the Board Meeting held in Mumbai. The company posted ' 40.49 crores profit after tax for the quarter ended March 31, 2016 and ' 189.88 crores for the year ended March 31, 2016. Net Sales/Income from operations for the quarter ended March 31, 2016 stood at ' 629.71 crores and ' 2,553.06 crores for the year ended March 31, 2016.

Anil Khanna, managing director, Blue Dart, ,said "It has been a tumultuous financial year for the express industry and as a business Blue Dart continues to face insurmountable challenges every day. However, Blue Dart has displayed a modest performance due to our clear focus on cost rationalisation and efficiency to increase EBIT margins even under difficult economic conditions. We have aggressively championed the B2C segment, especially e-tail, without any dilution to the B2B business”.

He adds, "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.

Blue Dart remains one of the most admired companies, being recognised as one of the Top 25 Best Employers in India 2016 by AON Hewitt, voted as a Superbrand for the 8th consecutive year, listed as one of Fortune 500’s India's Largest Corporations and Forbes India's Super 50 Companies and Reader’s Digest Most Trusted Brand”. During the year ended March 31, 2016, Blue Dart handled over 1,594.79 lac domestic shipments, 8.94 lac international shipments and over 595,623 tonnes of documents and parcels across the nation and 220 countries worldwide.

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