Mumbai, January 17, 2020
Blue Dart Express Limited, South Asia’s premier express air and integrated transportation, distribution and logistics Company, today declared its financial results for the quarter ended December 31, 2019, at its Board Meeting held in Mumbai.
Revenue from operations for the quarter ended December 31, 2019 stood at ₹855.64 crores. The company posted ₹24.34 crores profit before tax & exceptional item for the quarter ended December 31, 2019. Net loss for the quarter stood at ₹33.08 crores after accounting for ₹64.11 crores of exceptional items.
The Company had undertaken restructuring/right-sizing exercise during the current quarter with an intention to improve efficiency and create long term value for stakeholders. This has impacted the profitability for the quarter ended December 31, 2019.
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