Blue Dart Express

Blue Dart Express Q3 net profit falls 28.2% on back of higher expenses

BENGALURU (Reuters) - Indian courier services provider Blue Dart Express reported a 28.2% fall in quarterly profit on Wednesday, as high fuel costs hit margins, while demand also slowed.

Sensex drops 519pts, Nifty below 18,200; Easy Trip up 20%, Archean Chem 12%

CLOSING BELL: Over 35 stocks fell on the Nifty50 index, led by Adani Ports, Hindalco, TCS, HDFC, Tech M, Reliance Industries, Hero MotoCorp, Infosys, Grasim, JSW Steel, and Bajaj Finance

Blue Dart sets up 25 outlets in Tier-I, II towns as part of expansion plan

Blue Dart on Friday said it has set up 25 retail outlets in Tier-I and Tier-II towns as part of its expansion roadmap. Besides these 25 retails outlets, the company plans to establish 100 similar facilities. These stores have opened in Uttarakhand, Haryana, Uttar Pradesh, Rajasthan, Punjab, West Bengal, Odisha, Telangana, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Goa, and Gujarat, Blue Dart said in a statement. The company said it now serves over 55,400 locations. "Blue Dart's store expansion will increase accessibility for our customers and expand our network. To strengthen last-mile logistics to the farthest reaches of the country, we will continue to locate in new areas and broaden our reach," said Ketan Kulkarni, Chief Commercial Officer at Blue Dart.

Blue Dart Express' Q2 net profit rises marginally by 3% to Rs 93.6 crore

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.

Blue Dart hits new high; rallies 14% in a week on 10% price hike decision

Blue Dart said high inflation, rising interest rate, and high input costs have all taken a toll on the margins of the business

Blue Dart Express' volume growth momentum likely to sustain in FY23

Margin levels could see an improvement on higher volumes, price hike

F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy

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Blue Dart Express profit rises over three-fold to Rs 119 cr in April-June

Logistics service provider Blue Dart Express on Wednesday reported more than three-fold jump in consolidated profit after tax at Rs 118.79 crore in April-June 2022 quarter over the same period

Demand outlook remains robust for Blue Dart Express, say brokerages

Blue Dart Express posted 34 per cent revenue growth in 2021-22, assisted by 30 per cent growth in volumes; the rest came from higher realisations

Blue Dart Express Q4 net profit up 52% at Rs 136.97 cr; revenue rises 20%

Logistics services provider Blue Dart Express Ltd on Thursday reported an increase of 52.18 per cent in its consolidated net profit at Rs 136.97 crore for the fourth quarter ended March 2022.

Blue Dart Express' profit after tax jumps 29.5% to Rs 123.4 cr in Dec qtr

The company had posted a consolidated PAT of Rs 95.30 crore in the corresponding quarter last year

Post-Covid B2B recovery, price hikes to drive gains for Blue Dart

Near-term valuations, however, capture the upside

DHL Express, Blue Dart raise annual shipment prices for 2022

Upward price revision to be effective January 1, 2022

Stocks to watch: UCO Bank, SBI Life, TCS, ONGC, Blue Dart Express, Infosys

State-owned Bank of Baroda on Wednesday announced the launch of its digital banking platform 'bob World', aimed at providing all banking services under one roof

Blue Dart Express posts Rs 31 crore net profit for June quarter

However, the company had posted a consolidated net loss of Rs 125.84 crore in the year-ago period, Blue Dart Express said in a filing to the BSE.

Blue Dart to operate drones for delivery of vaccines and medicines

The Ministry of Civil Aviation (MoCA) has granted the project with necessary exemptions and rights to fly drone flights on an experimental basis in Telangana

Blue Dart extends rally as parent company posts record profit for CY20

For the financial year 2021, the DHL group anticipates a further significant increase in Ebit to more than EUR 5.6 billion

Turnaround stories: These 25 firms swung to profit in the December quarter

Stocks of 18 of these 25 firms managed to outperform the S&P BSE Sensex on a year-to-date (YTD) basis

Blue Dart: Near-term margins to stay elevated, upside could be limited

Record Q3 performance helps sustain stock price which is up 146 per cent over the last six months

Hold Nifty longs with stoploss at 15,200: Vinay Rajani of HDFC Securities

Short-term resistance for the Nifty is seen at 15,470-odd levels