Blue Dart Express' volume growth momentum likely to sustain in FY23

Margin levels could see an improvement on higher volumes, price hike

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The management cited high inflation, rising interest rates and increase in input cost as reasons which have taken a toll on the business.

Ram Prasad Sahu
The stock of logistics major Blue Dart Express recently hit its 52-week highs earlier this month and has gained about 34 per cent from its lows in June. Strong volume growth expectations, market share gains, steady margins led to the gains.

The revenue and margin trends are expected to improve as the company has announced average price hike of 9 per cent. The company indicated that the annual increase is taken to offset the impact of inflation and sustain service quality.

The management cited high inflation, rising interest rates and increase in input cost as reasons which have taken a

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First Published: Sep 29 2022 | 9:24 PM IST

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