Blue Dart Sales at Rs. 2,790.85 crores
- The Company posted Rs. 142.10 crores profit after tax
Mumbai, May 8, 2018
Blue Dart Express Limited, South Asia's premier express air and integrated transportation & distribution company, declared its financial results for the quarter & year ended March 31, 2018, at the Board Meeting held in Mumbai.
The company posted Rs. 34.13 crores profit after tax for the quarter ended March 31, 2018 and Rs. 142.10 crores for the year ended March 31, 2018. Revenue from operations for the quarter ended March 31, 2018 stood at Rs. 716.77 crores and Rs. 2,790.85 crores for the year ended March 31, 2018.
Anil Khanna, Managing Director, Blue Dart said, "We have witnessed a sluggish market sentiment due to a challenging economic environment, slowing business growths, hyper-active competitive pressures in B2B and B2C, introduction of GST and initial hiccups in e-waybill implementation etc. Blue Dart remains committed to Blue Dart country and will continue to focus our strategy towards maintaining market leadership in all segments.
We will steer our business further through automation & technology enhancement, by strengthening our network, expanding reach and improving our service quality while continuing with our insanely customer centric-culture with the support of our highly enthused and passionate team. Our customers, stakeholders, shareholders and our people remain our pillars of success".
Blue Dart remains India's most innovative and awarded express delivery company and an undisputed leader in the express logistics industry in India. Blue Dart was recently recognised as a Business Superbrand for the 10th consecutive year; Reader's Digest Trusted Brand for the 11th consecutive year and ranked amongst the top 50 'Best companies to Work for in India 2016' by Great Place to Work Institute, India.
During the year ended March 31, 2018, Blue Dart handled over 1,958.86 lac domestic shipments, 9.15 lac international shipments and over 696,961 tonnes of documents and parcels across the nation and 220 countries worldwide.
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 35,476 locations in India. As part of the Deutsche Post DHL Group's (DHL Express, DHL Global Forwarding & DHL Supply Chain) Post - eCommerce - Parcel (PeP) 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 and customs clearance.
The Blue Dart team drives market leadership through its motivated people force, 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 numerous awards and recognitions from customers 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, amongst the Top 25 Best Employers in India 2016 by AON Hewitt, voted as a Superbrand for the 10th consecutive year, listed as one of Fortune 500's India's Largest Corporations and Forbes India's Super 50 Companies and voted Reader's Digest Most Trusted Brand for the 11th consecutive year, to name a few.
Blue Dart accepts its social responsibility by supporting climate protection (GoGreen), disaster management (GoHelp) and education (GoTeach).
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Dated: 08th May 2018