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Logistics

Blue Dart reports Rs 41.39 crore profit in Q2 2017

October 23, 2017: Blue Dart Express Limited has posted Rs 41.39 crores profit after tax for the quarter ended September 30, 2017 marking a 3.29 percent fall from the same quarter in the previous year.

Blue Dart reports Rs 41.39 crore profit in Q2 2017
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October 23, 2017: Blue Dart Express Limited has posted Rs 41.39 crores profit after tax for the quarter ended September 30, 2017 marking a 3.29 percent fall from the same quarter in the previous year. The logistics major had clocked a net profit of Rs 42.80 crore in the year-ago period.

Revenue from operations for the quarter 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.”

Khanna, however, added that the outlook is moderate and holds the potential for long term benefits. The firm will maintain a keen focus on managing cost pressures and improving efficiency and EBIT to sustain its performance, he said.


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