Courier Service
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 Express' Q2 net profit rises marginally by 3% to Rs 93.6 crore")
Xpressbees extends same-day delivery for D2Cs to 1,000 cities, towns
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
 "Xpressbees extends same-day delivery for D2Cs to 1,000 cities, towns")
TCI Express soars 13% on heavy volumes, hits new high on strong Q2 results
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
 "TCI Express soars 13% on heavy volumes, hits new high on strong Q2 results")
Courier SMEs' cup of woe spills over, shows CRISIL SME Tracker
CRISIL Research expects their revenue to decline 30-35 per cent in FY 2021
 "Courier SMEs' cup of woe spills over, shows CRISIL SME Tracker")
Amazon India expands packaging-free shipping initiative to over 100 cities
Products that are shipped packaging-free include tech accessories, home and home improvement products, shoes, and luggage
 "Amazon India expands packaging-free shipping initiative to over 100 cities")
Blue Dart: Muted volumes, revenues amid high costs to weigh on margins
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
 "Blue Dart: Muted volumes, revenues amid high costs to weigh on margins")
Despite lockdown relaxations, courier industry stares at bleak future
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
Lockdown: Govt may soon allow courier, parcel services to function
The Centre will also discuss the issue with states for allowing partial operation of manufacturing units in the country
The truth about training
Considering the size of our country and the number of letters/parcels delivered every day, the courier guys are doing a wonderful job
 "The truth about training")
