Logistics company Blue Dart Express today reported a 20.68 per cent decline in its net profit to Rs 42.80 crore for the quarter ended September.
It had clocked a net profit of Rs 53.96 crore during the corresponding period of the previous fiscal.
Total income from operations grew to Rs 663.22 crore during the quarter as against Rs 653.05 crore in the year-ago period.
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The company's total expenses stood at Rs 599.31 crore as against Rs 570.58 crore earlier.
"We will continue to invest in technology and infrastructure and align our people and strategy to cater to India's express logistics requirements," Blue Dart's Managing Director Anil Khanna said.
Shares of the company closed at Rs 5,569.05 apiece on the BSE, up 1.76 per cent.
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