Mumbai : April 15, 2016
Blue Dart Express Limited, South Asia’s premier express air and integrated transportation & distribution company, declared its financial results for the quarter & year ended March 31, 2016, at the Board Meeting held in Mumbai.
The company posted Rs. 40.49 crores profit after tax for the quarter ended March 31, 2016 and Rs. 189.88 crores for the year ended March 31, 2016. Net Sales/Income from operations for the quarter ended March 31, 2016 stood at Rs. 629.71 crores and Rs. 2,553.06 crores for the year ended March 31, 2016.
Anil Khanna, Managing Director, Blue Dart said, “It has been a tumultuous financial year for the express industry and as a business Blue Dart continues to face insurmountable challenges every day. However, Blue Dart has displayed a modest performance due to our clear focus on cost rationalisation and efficiency to increase EBIT margins even under difficult economic conditions. We have aggressively championed the B2C segment, especially e-tail, without any dilution to the B2B business”.
Read more at bluedart.com