Blue Dart Express Ltd. announces financial performance for Q4 2023 By Elets News Network - 25 January 2024

Blue Dart Express Ltd.

Blue Dart Express Ltd. revealed its financial outcomes for the quarter concluding on December 31, 2023. This announcement was made during the Board Meeting in Mumbai.

For the quarter ending on December 31, 2023, the company reported a profit after tax of Rs. 82 crores. Its operational revenue for the same period was recorded at Rs. 1,383 crores.


Balfour Manuel, the Managing Director of Blue Dart Express Ltd., reflected on the company’s performance, stating, “As the global trade landscape stabilises post-pandemic, we are adeptly handling challenges like rising interest rates and escalating costs. Our achievements extend beyond reaching pre-pandemic revenue levels; we have consistently invested in expanding our capacities and solidifying our role as the preferred provider for our clientele. Our unwavering dedication to customer-centricity remains the cornerstone of our success.”

In his discussion about the company’s future prospects, Manuel highlighted, “Our relentless emphasis on customer centricity, along with the growth prospects, has fuelled our ongoing investments in alignment with our strategic pillars of People, Process, and Technology. Our adoption of a Last In-First Out strategy further asserts our dominance in the market.”

The company’s commitment to exceptional service quality, enhanced by automation and technological advancements, remains critical in offering customers comprehensive, hassle-free logistic solutions. In the quarter ending December 31, 2023, Blue Dart managed 919 lakh shipments, totalling a weight of 314,239 metric tonnes.

Blue Dart’s dedication to excellence was recently recognised when it was named India’s Top Value Creator 2023 in the transport and logistics sector. The company has distinguished itself not only as the preferred provider but also as an employer and investment of choice among its stakeholders. Continually setting industry benchmarks, Blue Dart remains committed to delivering exceptional value and maintaining its leadership position.

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