Blue Dart Express posts ₹51.53 crore profit for Q1 2024, with revenue at ₹1,343 crore.
Blue Dart Express announced its financial results for the quarter ended June 30, 2024, at its Board Meeting in Mumbai.
The company reported a profit after tax of ₹51.53 crore for the quarter, with revenue from operations totaling ₹1,343 crore. Blue Dart, renowned for its extensive network and advanced technology, showcased consistent growth and maintained its expansion trajectory.
Balfour Manuel, Managing Director of Blue Dart Express, highlighted the company’s performance, stating, “Our position as a leading logistics provider stems from our dedication to operational efficiency and customer-centric solutions. We are optimistic about growth opportunities that align with the country’s development.”
Blue Dart’s positive outlook indicates its readiness to capitalise on future prospects and uphold its reputation for delivering exceptional logistics solutions. In Q1, the company expanded its electric vehicle (EV) fleet, reinforcing its commitment to sustainability and reducing its carbon footprint.
Additionally, Blue Dart introduced drone deliveries in partnership with a leading drone technology firm, marking a significant step towards cleaner and more efficient delivery solutions. The company’s commitment to excellence was also acknowledged with the Best Express Logistics Service Provider Award at the 6th Indian Logistics Strategy Summit 2024.
