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Blue Dart Express Ltd Q1FY24; 49% fall in Profits.

Blue Dart Express Limited, incorporated in 1983, is involved in transportation and door-to-door distribution of time-sensitive shipments, through an integrated ground and air transportation network. The company is regarded as South Asia’s leading courier and integrated air express package distribution company.

Financial Results:

Blue Dart Express Ltd reported Revenues for Q1FY24 of ₹1,238.00 Crores down from ₹1,293.00 Crore year on year, a fall of 4.25%.

Total Expenses for Q1FY24 of ₹1,165.00 Crores up from ₹1,141.00 Crores year on year, a rise of 2.1%.

Consolidated Net Profit of ₹61.00 Crores down 48.74% from ₹119.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹25.83, down 48.40% from ₹50.06 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Logistics
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