Q3FY24 Quarterly Result Announced for Blue Dart Express Ltd.
Transportation-Logistics company Blue Dart Express announced Q3FY24 results: The company posted Rs 816 million profit after tax for Q3FY24. Revenue from operations for Q3FY24 stood at Rs 13,829 million. Exceptional Service Quality, coupled with automation and technology, continues to be pivotal in providing customers with a seamless, one-stop solution for all their logistics requirements. The company handled 92 million shipments, weighing 314,239 metric tonnes, in the Quarter ended December 31, 2023. Blue Dart was recently recognized as India's Top Value Creator 2023 in the transport and logistics category Reflecting on the company's performance, Balfour Manuel, Managing Director of Blue Dart Express, said, ''In the post-pandemic era, as global trade normalizes, we continue to navigate challenges such as higher interest rates and increasing costs. Despite these hurdles, we not only surpassed pre-pandemic revenue levels but also have continued to invest in capacities and strengthened our position as the provider of choice for our customers. Our commitment to customer-centricity remains our top priority, driving our success." Discussing the business outlook, he emphasized, "The growth opportunities and continued focus on customer centricity have enabled us to continue to invest, aligned with our strategic focus on People, Process, and Technology. This is complemented by a Last In-First Out approach, further reinforcing our market leadership." Result PDF24-01-2024