Blue Dart Express Q4 net profit slips 29% to ₹55 crore; revenue up at ₹1,417 crore

Logistics company Blue Dart Express on Monday reported a 29% decline in its consolidated net profit to ₹55.15 crore for the March quarter of FY25.

The company had reported a net profit of ₹77.78 crore in the year-ago period, according to a regulatory filing from Blue Dart Express.

However, its revenue from operations rose 7.13% to ₹1,417.32 crore in the March Quarter. It was ₹1,322.87 crore in the corresponding quarter a year ago.

Its total expenses in the March quarter increased 9.72% to ₹1,348.55 crore.

For the entire 2024-25, Blue Dart Express' profit fell 16.14% to ₹252.42 crore from ₹301.01 crore a year ago.

Blue Dart Express' total consolidated income rose 8.3% to ₹5,762.16 crore.

Its Managing Director Balfour Manuel said: "Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructure, an approach that will continue as we gear up for the future".

With a long-term perspective on these investments, it remains committed and several of these investments are front-loaded and anticipate upcoming business growth to drive cost optimisation.

"As we look ahead to FY26, we remain cautiously optimistic amid ongoing external uncertainties. Nonetheless, Blue Dart will continue to invest in expanding our network, advancing digital capabilities, and embedding sustainable practices," he said.

Shares of Blue Dart Express Ltd on Monday settled at ₹7,183.65 apiece on BSE, down 2.39%.