Blue Dart Net Rises 50% To Rs 8.34 Crore

News Clip : Business Standard, Mumbai.

23rd July, 2004.

Net profit at Blue Dart Express for the quarter ended June 30,2004 jumped 50.27 per cent to Rs 8.34 crore against Rs 5.55 crore in the corresponding period of the previous year. Income from operations rose 22 per cent to Rs 99.79 crore. Profit after tax was at Rs 13.23 crore (Rs 8.66 crore). Clyde Cooper, managing director, Blur Dart Express said: "Blue Dart has enhanced capacity by investing in further facilities and induction and has strengthened its aviation infrastructure with a fourth facilities aircraft induction and the addition of Hyderabad as the sixth hub on its aviation netwok. This investment has already begun to yeild results with higher volumes through our network. The new aviation hub reinforces Blue Dart's customers through its unique infrastructure and unmatched standards of service quality."