Blue Dart Express Q1 net profit plunges 52% at Rs 21 cr

Image
Press Trust of India New Delhi
Last Updated : Jul 27 2017 | 6:57 PM IST
Logistics company Blue Dart Express today posted a fall of 52 per cent in standalone net profit at Rs 21.09 crore for the first quarter ended June 30, 2017.
The company had posted a standalone net profit of Rs 44.08 crore in the year-ago period, Blue Dart Express said in a BSE filing.
The company's total expenses during April-June quarter rose to Rs 639.99 crore as against Rs 562.91 crore in the year-ago period.
Its total income, however, increased to Rs 672.33 crore from Rs 629.68 crore in the corresponding quarter of the preceding fiscal.
Blue Dart Express Ltd is an express air and integrated transportation and distribution company offering delivery of consignments to over 35,125 locations in India.
Shares of the company ended 0.73 per cent down at Rs 4,354.10 on BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 27 2017 | 6:57 PM IST

Next Story