Blue Dart net rises to Rs. 45.59 cr on higher sales

News Clip: www.thehindubusinessline.com

29 July, 2015

Blue Dart Express Ltd today reported 33.46 percent jump in standalone net profit at Rs. 45.59 crores for the April-June quarter of the current fiscal on higher sales. Net sales of the company increased to Rs. 619.60 crore during the first quarter of 2015-16, from Rs. 526.94 crore in the same quarter of 2014-15. Its total expenses increased to Rs. 548.33 crore during the quarter from Rs. 479.60 crore in the year-ago period. Blue Dart Express Ltd Managing Director Anil Khanna said: "The macroeconomic environment continues to be sluggish, which has further stifled the growth of our industry. Despite this, we have worked on constant innovation by strengthening our product portfolio to serve our customers with solutions that match up to meet their dynamic and evolving business needs." The Blue Dart stock closed at Rs. 6,530.45, up 1.20 per cent from the previous close.