Blue Dart Q4 net rises to Rs 34 cr
Logistics company Blue Dart Express Ltd today posted 38.19 per cent rise in standalone net profit at Rs 34.13 crore for the quarter ended March 2018.
The company had posted a standalone net profit of Rs 24.52 crore in the year-ago period, Blue Dart Express said in a BSE filing.
Standalone income of the company increased to Rs 722.04 crore from Rs 682.23 crore in the year-ago period.
The company's managing director Anil Khanna said, "We have witnessed a sluggish market sentiment due to a challenging economic environment, slowing business growth, hyper-active competitive pressures in B2B and B2C, introduction of GST and initial hiccups in e-way bill implementation, etc."
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