Blue Dart continues positive momentum growth in Q4 and Year-end results

The company posted ₹ 891 million profit after tax (previous year ₹ 238 million loss) for the quarter ended March 31, 2021 and ₹ 963 million profit after tax (previous year ₹ 383 million loss) for the year ended March 31, 2021. The profit for the year is, after absorbing the impact of special COVID-19 ex-gratia (₹ 342 million) paid to employees in September 2020 and accelerated depreciation of IT servers (₹ 240 million).The margin improvement is backed up by better realization and cost efficiencies during the year. Revenue from operations for the quarter ended March 31, 2021 stood at ₹ 9,662 million and ₹ 32,797 million for the year ended March 31, 2021.