Blue Dart Reports 7.7% Revenue Growth for FY24, Reaching $649.7 Million
Blue Dart Express has announced its financial results for the fiscal year ending March 31, 2024, reporting a 7.7% increase in revenue from operations to ₹5,429.28 crore ($649.7 million). Despite the revenue growth, the company's full-year profit after tax saw a slight decline to ₹364.51 crore ($43.6 million). For the fourth quarter, revenue increased by 10.3 percent. However, the quarterly profit was significantly impacted by a one-time, non-recurring expense. The company stated it is focused on strategic initiatives to expand its ground and air express capacity amid a challenging economic environment.
Official Source: https://www.stattimes.com/air-cargo/blue-dart-fy26-revenue-rises-77-to-6497-million-1359114
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