Blue Dart

Blue Dart Q1 results: Profit falls 9% as rising costs offset delivery gains

The company, which competes with Delhivery and IPO-bound Shadowfax, said its consolidated net profit fell 8.6 per cent to 488.3 million Indian rupees ($5.62 million)in the quarter ended June 30

Blue Dart Q4 results: Profit dips 29% to ₹55 cr, revenue rises to ₹1,417 cr

Logistics company Blue Dart Express Ltd on Monday reported a 29 per cent decline in its consolidated net profit to Rs 55.15 crore for the March quarter of FY25. The company had reported a net profit of Rs 77.78 crore in the year-ago period, according to a regulatory filing from Blue Dart Express. However, its revenue from operations rose 7.13 per cent to Rs 1,417.32 crore in the March Quarter. It was Rs 1,322.87 crore in the corresponding quarter a year ago. Its total expenses in the March quarter increased 9.72 per cent to Rs 1,348.55 crore. For the entire 2024-25, Blue Dart Express' profit fell 16.14 per cent to Rs 252.42 crore from Rs 301.01 crore a year ago. Blue Dart Express' total consolidated income rose 8.3 per cent to Rs 5,762.16 crore. Its Managing Director Balfour Manuel said: "Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructur

Blue Dart share price tanks 10% on weak Q2 show; profit slides 14% YoY

The fall in the Blue Dart share price came after the company reported a weak set of September quarter results (Q2FY25)

Blue Dart Express to increase shipments price by 9-12% from Jan 2025

Courier services provider Blue Dart Express on Monday said it will increase the prices of its shipments between 9-12 per cent from January 1, 2025. The pricing adjustments for 2025, which include inflationary adjustments and cost rationalisation, are designed to partly cover spiraling long-term costs, such as rising input costs to operations, including airline operating costs and infrastructure costs, among others, the company said. Blue Dart will implement the General Price Increase (GPI) from January 1. The average price increase will be in the range of 9 to 12 per cent, depending on product variabilities and the shipping profile, Blue Dart said in a statement. This essential decision ensures the continued provision of quality service, while fostering sustainable ecosystem collaboration, it stated. "This price adjustment is essential for sustaining our operational excellence, while continuing to offer solutions centered on the needs of our stakeholders. In conjunction with our .

Logistics operator Blue Dart expands direct reach to over 300 pin codes

Logistics operator Blue Dart on Tuesday said it has expanded its direct reach to over 300 pin codes, which represents a significant increase in the company's direct coverage capabilities. By leveraging Blue Dart's connectivity to these additional pin codes, businesses can enhance their supply efficiency through faster, safer, and more cost-effective movements, the company said. Besides, the customers will also benefit from improved transit times, reliability, and access to a broader network. "By expanding our direct reach to more pin codes, we enhance accessibility and empower SMEs and MSMEs to connect and expand their business to both domestic and international markets," said Balfour Manuel, Managing Director at Blue Dart. Blue Dart offers an extensive service network covering over 56,000 locations nationwide. ***** *IHCL inks pact for greenfield resort in Rajasthan Indian Hotels Company (IHCL) on Tuesday announced the signing of a 200-key greenfield resort in Sawai Madhopur, .

Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%

The uptick in share price came after the company rolled out drone delivery service in pact with Skye Air, a drone delivery service provider

RIL, Blue Dart, India Oil, Vi among six stocks to track on June 20

At 6:35 AM, GIFT Nifty futures indicated a slight uptick, trading 21 points higher at 23,525 compared to their previous close

Blue Dart begins drone deliveries for couriers in partnership with Skye Air

Drone delivery is a major step towards sustainable, swift, and eco-friendly solutions, Blue Dart said

Stocks to Watch: Mazagon Dock, Tata Motors, REC, Blue Dart, Cipla, Lloyd

Stocks to Watch on December 11, 2023: REC has signed a 200-million-euro loan agreement with the German bank KfW to enhance the distribution infrastructure of discoms

Blue Dart introduces automated digital parcel lockers with India Post

Digital parcel lockers have been introduced at select post offices and can be accessed through designated codes, allowing for flexible delivery and collection times

Stocks to Watch today: Vedanta, JSW Infra, UTI AMC, Autos, MGL, Adani Green

Stocks to Watch on Tuesday, October 3, 2023: JSW Infrastructure will debut on the bourses on October 3, 2023

Amid India vs Bharat row, Blue Dart rebrands premium service as Bharat Plus

"Bharat Dart is poised to refine express logistics services in Bharat, offering unmatched speed, coverage, and business of all sizes, " the logistics firm said

Stocks to Watch today, June 9: Asian Paints, L&T Fin, HAL, Urja Global

Stocks to watch today, June 9, 2023: Tata Power Renewable Energy, through its subsidiary, has received a contract to set up a 966 MW round-the-clock hybrid renewable power projects for Tata Steel

Breaking barriers: Women delivery partners make their presence felt

Logistic companies are also launching multiple initiatives to increase the participation of women

Blue Dart Express net profit falls 49% to Rs 69 crore in March quarter

Its total income rose to Rs 1,225.22 crore from Rs 1,169.52 crore in the January-March period of FY22

Blue Dart sets up 25 outlets in Tier-I, II towns as part of expansion plan

Blue Dart on Friday said it has set up 25 retail outlets in Tier-I and Tier-II towns as part of its expansion roadmap. Besides these 25 retails outlets, the company plans to establish 100 similar facilities. These stores have opened in Uttarakhand, Haryana, Uttar Pradesh, Rajasthan, Punjab, West Bengal, Odisha, Telangana, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Goa, and Gujarat, Blue Dart said in a statement. The company said it now serves over 55,400 locations. "Blue Dart's store expansion will increase accessibility for our customers and expand our network. To strengthen last-mile logistics to the farthest reaches of the country, we will continue to locate in new areas and broaden our reach," said Ketan Kulkarni, Chief Commercial Officer at Blue Dart.

Blue Dart hits new high; rallies 14% in a week on 10% price hike decision

Blue Dart said high inflation, rising interest rate, and high input costs have all taken a toll on the margins of the business

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

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

Stocks to Watch: Nykaa, Ramco Cements, Blue Dart, Zomato, Torrent Pharma

Stock to watch today: Nykaa's board meeting will be held on October, 3 to consider and approve the issuance of bonus shares

Blue Dart revs up for growth with more planes, greater geographical reach

The company plans to add Boeing 737 aircraft to its fleet in order to access to multiple smaller Indian airports