Latest news with #BlueDart
Mint
2 days ago
- Business
- Mint
Time and experience are the best mentors, feels Blue Dart's Dipanjan Banerjee
A part-time gig during his college days had Dipanjan Banerjee realise his interest in sales. Until then, he had enjoyed the field of finance, while also pursuing chartered accountancy alongside. But it wasn't until he finished a Master of Business Administration in marketing and sales from Amity University, Noida, that he first heard of the world of deliveries and logistics from a few friends. 'Solving real-world business problems and ensuring things move seamlessly piqued my interest and soon I was sitting for an interview that marked the beginning of my logistics journey," says Mumbai-based Banerjee, 40, chief commercial officer at Blue Dart. Having spent two decades in a constantly evolving industry, Banerjee has dealt with everything from solving complex logistic problems to drone deliveries in sectors such as healthcare, disaster relief and rural logistics. 'Logistics is invisible but indispensable. Addressing customer problems, seeing business numbers grow, leading teams to victories and knowing that we are moving something that matters is what drives me." Banerjee talks to Mint about mentorship and the importance of being resilient. Edited excerpts: Who do you consider your mentor? I have had the privilege of learning from people across diverse walks of life and have been fortunate to work with some of the best in the industry over the years. In my view, time and experience are among the greatest mentors one can have. A major insight you worked on with your mentor's guidance? Resilience. It's a quality you build over time. I learnt to act more and overthink less. That shift helped me make faster decisions and lead with more confidence. What does being a mentor mean to you? Being a mentor means creating a safe space to share, guide and challenge. At work, I do this by being approachable, giving honest feedback and celebrating both effort and outcomes. What's your morning schedule like? My day starts with an early morning walk, followed by a nice cup of tea. Post this, I skim through industry news and review key metrics around the company's business performance. What are some of the productivity principles? Block time for deep work, prioritise tasks and use technology for automation wherever possible. I also try to end each day with a quick review. It helps me plan better for tomorrow. What's the one positive work routine you have developed over the years? Mastering online meetings—how to make them short, engaging and outcome driven. Also, I learnt how to balance remote collaboration with empathy by checking in on people. How do you unwind? Music and long drives are my go-to. There's something about the open road and the right playlist that resets me completely. Monday Motivation is a series in which business leaders discuss their mentors and their work ethics.
Time of India
5 days ago
- Business
- Time of India
Delhi set to become a bigger link in India's supply chain: State Industry Minister
New Delhi: The three planned industrial hubs in the national capital will integrate logistics distribution centres , warehousing parks and multimodal facilities, enhancing the city's role in the national supply chain, Delhi minister for industry and food & supplies Manjinder Singh Sirsa said. Speaking at the ET Edge Supply Chain Management Fest 2025 here, the minister described supply chain as a core economic pillar that is emerging as "a national growth engine". Delhi, with more than 8,000 operational factories and nearly 400,000 workers, plays a key role in strengthening the regional and national supply chains. The city accounts for about 16% of India's warehousing market, he added. Referring to the recent establishment of the Delhi Trader Welfare Board , the minister said it ensures that the voices of traders and logistics players are integrated into policymaking. Speaking at the event, Inland Waterways Authority of India chairman Vijay Kumar made a case for transporting cargo via waterways, saying that it "cuts emissions and reduces logistics costs by up to 60% compared to road transport". Live Events In a fireside chat, Balfour Manuel, managing director of express package distribution company Blue Dart , detailed the demands of serving India's fast-paced ecommerce market. He emphasised that speed and reliability are non-negotiable for the operations. Amid discussions on growth, a critical warning emerged from Sungita Sharma, a former special secretary at the Central Board of Indirect Taxes and Customs. She highlighted the threat of illicit trade, calling it a global issue costing India over Rs1.17 lakh crore annually in sectors like tobacco, FMCG, and pharmaceuticals. Sharma called for "stronger enforcement, tech-enabled tracking, and industry collaboration" to protect supply chain integrity and consumer safety. State government leaders, including representatives from Maharashtra, Tamil Nadu and Andhra Pradesh also shared their industrial development strategies at the event. The summit concluded with an awards ceremony recognising leaders who are redefining the supply chain landscape.
Yahoo
02-06-2025
- Business
- Yahoo
Blue Dart Express Ltd (BOM:526612) Q4 2025 Earnings Call Highlights: Navigating Growth Amidst ...
Release Date: May 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Blue Dart Express Ltd (BOM:526612) reported a revenue from operations of INR57,202 million and a profit after tax of INR2,446 million for the year ended March 31, 2025. The company was recognized for excellence in customer service, sustainability, compliance, and brand loyalty, and was awarded for its customer-centric approach and operational excellence. Significant investments made in the previous year have been well operationalized, contributing to positive growth in both revenue and volumes. The company has maintained a strong position in pricing, successfully implementing price increases with both large and small players. Blue Dart Express Ltd (BOM:526612) has achieved optimal utilization levels for its freighters, indicating efficient use of resources. Margins have decreased in the fourth quarter compared to the third quarter, attributed to the incremental costs of new aircraft and lower business days. The EBITDA margin has declined from 10.5% in the previous year's fourth quarter to 8.3% in the current quarter. The company's return on capital employed (ROCE) is at a decade low, excluding the COVID-19 period, due to investments in owned assets. There is a noted contraction in gross margins from 43.2% to 41.4% year-over-year, despite price increases. The volume growth has not fully translated into revenue growth, indicating challenges in price realization across the board. Warning! GuruFocus has detected 2 Warning Signs with BOM:532859. Q: Can you provide the volume data for this quarter? A: We had 9,191.94 million shipments for the quarter with a weight of 331,101 tons. - Interim CFO, Sagar Patel Q: Why have margins decreased this quarter compared to the third quarter? A: The third quarter typically sees higher volumes due to the festive season, which tapers off in the first quarter. Additionally, the operationalization of new aircraft has increased costs, impacting margins. - Interim CFO, Sagar Patel Q: What is the outlook for growth and EBITDA margins, and why were margins down to 8.3% from 10.5% last year? A: Investments made last year have increased costs, but as customers recognize improved transit times, pricing will develop, and margins are expected to improve. - Interim CFO, Sagar Patel Q: How much CapEx will be undertaken, and how will the new Guwahati hub contribute to growth? A: CapEx will focus on replacement, upgrading, and expanding capacities. The Guwahati hub will help utilize aircraft effectively, with significant volume improvements from the Northeast. - Interim CFO, Sagar Patel Q: Are the new freighters operating at optimal utilization, and is there room for growth? A: The freighters have reached optimal utilization levels, similar to the earlier fleet, with utilization between 85% to 90%. - Interim CFO, Sagar Patel For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Standard
27-05-2025
- Business
- Business Standard
Blue Dart slides after Q4 PAT decline 29% YoY to Rs 55 cr
Blue Dart Express slipped 4.82% to Rs 6,837.05 after the company reported 29.09% decline in consolidated net profit to Rs 55.15 crore in Q4 FY25 as against Rs 77.78 crore posted in Q4 FY24. However, revenue from operations rose 7.13% YoY to Rs 1,417.32 crore in the quarter ended 31 March 2025. Profit before tax stood at Rs 81.04 crore in Q4 FY25, down 22.77% YoY. On a full-year basis, the company's consolidated net profit fell 16.14% to Rs 252.42 crore on an 8.58% jump in revenue from operations to Rs 5,720.18 crore in FY25 over FY24. Balfour Manuel, managing director of Blue Dart, said, "Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructure, an approach that will continue as we gear up for the future. With a long-term perspective on these investments, we remain committed to reinforcing our core, adopting technology for efficiency, and delivering reliable service. Several of these investments are frontloaded, and we anticipate upcoming business growth to drive cost optimization. As we look ahead to FY26, we remain cautiously optimistic amid ongoing external uncertainties. Nonetheless, Blue Dart will continue to invest in expanding our network, advancing digital capabilities, and embedding sustainable practices to drive long-term operational strength to enhance service capabilities, deepen customer trust, and build operational resilience." Meanwhile, the companys board has recommended a dividend of Rs 25 per equity share for the financial year ended 31 March 2025, subject to the necessary approval of the members at the ensuing Annual General Meeting. Further, the companys board has also approved the appointment of Sagar Patil, Head of Corporate Accounts and Key Managerial Personnel, as Interim Chief Financial Officer (Interim CFO) with effect from 26 May 2025. Blue Dart Express is South Asia's premier express air and integrated transportation & distribution company.
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Business Standard
27-05-2025
- Business
- Business Standard
Blue Dart Express shares slide 6% after Q4 results; Profit falls 29%
Shares of Blue Dart Express fell nearly 6 per cent on Tuesday after it reported a 29 per cent decline in its net profit in the March quarter of the previous financial year (Q4FY25). The logistics company, Blue Dart's stock fell as much as 5.87 per cent during the day to ₹5,765 per share. The stock pared losses to trade 4.4 per cent lower at ₹6,873 apiece, compared to a 0.46 per cent decline in Nifty50 as of 11:06 AM. Shares of the company snapped a three-day decline on Tuesday, but have recovered 12 per cent from their lows of ₹6,121, which it hit earlier this month. The counter has fallen 1.5 per cent this year, compared to a 5 per cent advance in the benchmark Nifty50. Blue Dart Express has a total market capitalisation of ₹16,271.19 crore, according to BSE data. Blue Dart Express Q4FY25 results 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. However, its revenue from operations rose 7.13 per cent to ₹1,417.32 crore in the March Quarter. It was ₹1,322.87 crore in the corresponding quarter a year ago. Its total expenses in the March quarter increased 9.72 per cent to ₹1,348.55 crore. For the entire 2024-25, Blue Dart Express' profit fell 16.14 per cent to ₹252.42 crore from ₹301.01 crore a year ago. Blue Dart Express' total consolidated income rose 8.3 per cent to ₹5,762.16 crore. Blue Dart Express management commentary "Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructure, an approach that will continue as we gear up for the future," according to Balfour Manuel, managing director. "As we look ahead to FY26, we remain cautiously optimistic amid ongoing external uncertainties. Nonetheless, Blue Dart will continue to invest in expanding our network, advancing digital capabilities, and embedding sustainable practices," he said. About Blue Dart Express The company is South Asia's leading express air and integrated transportation and distribution company. It provides secure and reliable delivery services to over 56,000 locations across India. As part of DHL Group's OHL eCommerce division, Blue Dart benefits from the world's most extensive express and logistics network, spanning over 220 countries and territories. Its comprehensive range of distribution services includes air express, freight forwarding, supply chain solutions, customs clearance, and more. ALSO READ:
