Blue Dart posts Rs. 45.49 cr profit in Q3 FY18 despite facing myriad challenges
January 30, 2018: South Asia's leading express air and integrated transportation, distribution and logistics company, Blue Dart Express recently declared its financial results for the quarter ended December 31, 2017.
The company’s profit after tax (PAT) stands at Rs.45.49 crore, and its revenues from operations for the quarter ended December 31, 2017 stood at Rs.704.59 crore.
Anil Khanna, managing director of Blue Dart said: “The industry has been fighting a tough battle due to the changing economic landscape and business scenario. The goods and services tax (GST) implementation, and the introduction of e-way bills, despite being a game changer in the long term, posed various intractable challenges currently. The upheaval is expected to continue for some time during this year. However, we remain committed, and will sustain our strategic thrust towards maintaining market leadership in all segments. We shall continue to deliver on every aspect of the business by maintaining excellent service quality and ensure customer delight through best-in-class technology and innovation in our offerings.”
“Our commitment to the planet continues and our strategy is in line with Deutsche Post DHL (DPDHL) group’s sustainable strategy and climate protection goal ‘Zero Emissions 2050’. We recently piloted electric vehicles, another step towards clean pick-up and delivery solutions,” said Khanna.