What is the revenue that Blue Dart Express has been able to make in Q4?
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The company also recorded revenue from operations at ₹1323 Crore up by 8.7% YoY.
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For Blue Dart Express, the fourth quarter saw considerable growth in many aspects. With sales of ₹5268 Crore and Profit After Tax of ₹289 Crores in the fiscal year 2024. Its revenue from operations at ₹1323 Crore up by 8.7% YoY also saw quite a bit of rise, owing majorly to quite a few strategic investment decisions and the revenue growth of the company.
Known as South Asia's premier express air, integrated transportation & distribution company, Blue Dart Express is a company everyone knows about. The company delivers consignments to more than 55,400 locations in India and these deliveries are made in an extremely secure manner. The company has a strong customer-centric approach, and it is always looking to strengthen its partnerships with its stakeholders. Blue Dart Express is part of DHL Group’s DHL eCommerce division. This enables the company to access a large express and logistics network worldwide. This network covers more than 220 countries and territories, offering a variety of distribution services. These services include air express, supply chain solutions, customs clearance etc. Blue Dart is also very conscientious about adhering to its social responsibility of giving back to the community. To maintain this aspect the company has started its GoPrograms like GoGreen for climate protection, GoHelp for disaster management and GoTeach for education.
Explore: Blue Dart Express Share Price
The fourth quarter for Blue Dart Express has seen quite significant and profitable growth trajectories. Here are some of the main highlights from the Blue Dart Express Q4 Results:
Additional Read: Quarterly Results
Blue Dart Express has done quite well in its fourth quarter. Other than its numbers, the company also saw a few business updates this time around. Here are some of them:
Additional Read: Adani Green Q4 Result
In Q4FY24, Blue Dart Express saw considerable growth in its profit as well as the revenue from operations. The company saw sales of ₹5268 Crore and Profit After Tax of ₹76 Crores in the fourth quarter. Blue Dart Express also saw revenue from operations at ₹1323 Crore up by 8.7% YoY which they owe majorly to strategic investment decisions and the overall revenue growth of the company. In addition to this, the company has also seen a volume growth with 9.5% growth in shipments and 4.4% growth in weights during FY24.
Additional Read: Tata Technologies Q4 Results
Metrics | For Quarter Ended | For Year Ended | |||
Q4FY24 | Q3FY24 | Q4FY23 | FY24 | FY23 | |
Revenue from Operations | 1322.8 | 1382.93 | 1216.55 | 5267.83 | 5172.22 |
Total Expenses | 1228.99 | 1299.76 | 1128.59 | 4925.97 | 4696 |
Profit Before Tax | 102.38 | 105.04 | 94.46 | 382.79 | 498.74 |
Profit for the period | 76.05 | 81.56 | 70.33 | 288.64 | 36.644 |
Total Comprehensive Income for the period | 75.46 | 68.02 | 72.77 | 274.51 | 361.39 |
Net Worth | 1438.6 | 1260.36 |
With the numbers emerging when it comes to the Q4FY24 results of Blue Dart Express, it can be seen that the company is well on its way to a profitable future. The company is focused on offering faster deliveries across the country by strengthening its ground surface and air operations. The company is also looking forward to establishing important air routes by acquiring two 737 freighters and the inauguration of state-of-the-art facilities. The year 2024 also saw Blue Dart Express receive the ‘Top Employer and Best Organization for Women’ distinction. The company prides itself on being an ‘Equal Opportunity Employer,’ making sure that its policies and initiatives align with its idea of empowering women in the company. The future of the company will also see it leveraging automation and technology to deliver seamless, one-stop logistics solutions to its customers to provide them with exceptional service.
Additional Read: MRF Q4 Results
In the fourth quarter of FY24, Blue Dart Express, saw considerable growth in many aspects. The company recorded sales of ₹5268 Crore and Profit After Tax of ₹76 Crores in Q4FY24. To add to this, the company also recorded revenue from operations at ₹1323 Crore up by 8.7% YoY. With the volume growth with the 9.5% growth in shipments and 4.4% growth in weights during FY24, the company is looking at a brighter FY25.
Results for the Fourth Quarter Ended March 31, 2024
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The company also recorded revenue from operations at ₹1323 Crore up by 8.7% YoY.
With the numbers emerging when it comes to the Q4FY24 results of Blue Dart Express, it can be seen that the company is well on its way to a profitable future. The company is focused on offering faster deliveries across the country by strengthening its ground surface and air operations. The future of the company will also see it leveraging automation and technology to deliver seamless, one-stop logistics solutions to its customers to provide them with exceptional service.
Apart from the obvious benefits that can be seen in the company’s Q4 results, Blue Dart Express has also seen other business updates in FY24. Here is a list of some of them:
The company has seen its volume grow with 9.5% growth in shipments and 4.4% growth in weights during the financial year.
The company is also looking forward to establishing important air routes by acquiring two 737 freighters and the inauguration of state-of-the-art facilities.
The board of Blue Dart Express recommended the final dividend of ₹25 per share.
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