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Blue Dart Express shares slip 3% on posting 9% decline is Q1 PAT
Around 12:57 PM, Blue Dart Express share price was down 3.08 per cent at ₹6,289.95 per share. In comparison, Sensex was up 0.24 per cent at 81,535.08. The market capitalisation of the company stood at ₹14,924.75 crore.
Blue Dart Express Q1 results
In Q1, the company's consolidated net profit stood at ₹48.83 crore, as compared to ₹53.42 crore, down 8.5 per cent year-on-year (Y-o-Y).
The company's revenue for the quarter under review stood at ₹1,441.92 crore, as compared to ₹1,342.71 crore a year ago.
The total expenses of the company for the quarter ended June 30, 2025, stood at ₹1,385.85 crore, as compared to ₹1,279.76 crore Y-o-Y.
"We are making front-loaded investments that strengthen our operational backbone. As global supply chains transform, we are focused on creating a resilient, future-ready logistics ecosystem that plays a vital role in powering India's economic advancement," said Balfour Manuel, managing director, Blue Dart Express.
Indian logistics companies have been grappling with higher expenses due to more competition and increased freight costs.
In Q4, the logistics firm reported a 29 per cent decline in its consolidated net profit to ₹55.15 crore for the March quarter of FY25. The company had reported a net profit of ₹77.78 crore in the year-ago period.
About Blue Dart
Blue Dart Express Ltd., South Asia's premier express air and integrated transportation and distribution company, offers secure and reliable delivery of consignments to over 56,400 locations in India. Blue Dart is a provider of choice for its stakeholders due to its customer-centric approach and aims to further strengthen this partnership. Blue Dart accesses the largest and most comprehensive express spectrum of distribution services, including air express, freight forwarding, supply chain solutions, customs clearance, etc.
The Blue Dart team drives market leadership through its motivated people, dedicated air and ground capacity, cutting-edge technology, a wide range of innovative, vertical-specific products, and value-added services to deliver unmatched standards of service quality to its customers.
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