Courier Service

Domestic courier company Blue Dart Express on Friday reported a marginal rise of 3.4 per cent in its consolidated net profit at Rs 93.6 crore for the quarter ended September 30, 2022. The company had posted consolidated net profit of Rs 90.5 crore in the year-ago period, it said in a BSE filing. The company's consolidated income during the July-September period increased to Rs 1,332.9 crore, over Rs 1,129.8 crore last year. Blue Dart Managing Director Balfour Manuel said the company is doing well due to balanced mix of growth and transformational projects.

Ecommerce logistics provider Xpressbees on Tuesday said it has extended its same-day delivery service for D2C brands to over 1,000 cities and towns

The share price of the logistics firm has rallied 25 per cent after ICRA reaffirmed ratings of the company's commercial paper and a strong Q2FY22 earnings

CRISIL Research expects their revenue to decline 30-35 per cent in FY 2021

Products that are shipped packaging-free include tech accessories, home and home improvement products, shoes, and luggage

Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore

The courier industry in India is made up of varied players starting from large multinational firms such as DHL, United Parcel Service (UPS) and FedEx India to domestic firms comprising Blue Dart, DTDC

The Centre will also discuss the issue with states for allowing partial operation of manufacturing units in the country

Considering the size of our country and the number of letters/parcels delivered every day, the courier guys are doing a wonderful job