Blue Dart reports a profit of Rs 23 cr for Dec quarter

However, the company has changed its accounting year April 1 of every year and to the end of March 31

Blue Dart today reported a stand alone profit of Rs 23.04 crore for the October-December quarter of the current financial year.

The company's profit in the corresponding quarter of the last fiscal was Rs 45.01 crore.

According to a BSE filing by Blue Dart, the company has changed its accounting year to commence from April 1 of every year and to the end of March 31 of the following year, to pro actively comply with the Companies Act, 2013. Consequent to this, the previous accounting period was for the fifteen months period from January 1, 2012 to March 31, 2013."

Blue Dart's total income from operations for the quarter stood at Rs 505.5 crore.

Blue Dart Managing Director, Anil Khanna said in a statement that despite tough economic challenges, the company has delivered value to its stakeholders by incorporating high benchmarks and quality standards in every aspect of business.

The company's said that the board of directors have declared an interim dividend of Rs 35 per equity share.