Blue Dart reported a 13 percent decline in consolidated net profit at Rs 53.42 crore even as revenue from operations increased nine percent to Rs 1,343 crore.
Freight, handling and servicing costs increased eight percent to Rs 781 crore, says an official release.
Balfour Manuel, Managing Director, Blue Dart Express says: “Our position as a leading logistics provider is a result of our commitment to operational efficiency and customer-centric solutions. We are optimistic about the growth opportunities that align with the country’s development. By expanding our network, leveraging technology and enhancing service capabilities, we are well-positioned to seize emerging opportunities and deliver exceptional value to our customers and stakeholders.”
The company expanded its electric vehicle fleet, demonstrating its commitment to sustainability and reducing its carbon footprint, the release added. “Additionally, Blue Dart launched drone deliveries in collaboration with Skye Air, a leading drone technology company, marking a significant advancement in cleaner and more efficient delivery solutions,” the release added.