Blue Dart announces profit soaring 30% in Dec. 2021

Blue Dart Express Limited, declared its financial results for the quarter ended December 31st, 2021.
The company posted ₹1,222 million profit after tax for the quarter ended December 31st, 2021 (previous year, profit after tax for the corresponding quarter was ₹938 million). Revenue from operations for the quarter ended December 31st, 2021 stood at ₹12,548 million with a growth of 21% over the same quarter from the previous year. EBITDA for the quarter is ₹ 2,117 million, a growth of 15% over the same quarter last year. EBITDA margin stood at 16.8%,
Moreover, Blue Dart’s strong financial performance over the preceding quarters have paved the way for the Express Logistics Provider’s credit rating to be reviewed by the ICRA as well as India Ratings and Research to AA+. True to its promise of being an Investment of Choice, the company has also proposed to reward shareholders with an interim dividend of ₹25/- (Rupees Twenty Five) per share, which will be paid in February 2022.