Blue Dart Express Limited announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held in Mumbai on May 9, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board, with statutory auditors Deloitte Haskins & Sells LLP issuing an unmodified audit opinion on both standalone and consolidated financial statements. The Board also recommended a dividend of ₹25/- per equity share for the financial year ended March 31, 2026, subject to approval by members at the ensuing Annual General Meeting. The audited results were subsequently published in The Economic Times (Mumbai Edition) and Maharashtra Times (Mumbai Edition) on May 11, 2026, and filed with stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On May 14, 2026, Blue Dart Express further filed an investor presentation on its company website under Regulation 30, providing a comprehensive performance update for shareholders and the public.

Standalone Financial Performance

On a standalone basis, Blue Dart Express reported revenue from operations of ₹6,14,088 lakhs for the year ended March 31, 2026, compared to ₹5,72,018 lakhs in the previous year. Total income for the full year stood at ₹6,21,795 lakhs against ₹5,79,847 lakhs in the prior year. For the quarter ended March 31, 2026, standalone revenue from operations was ₹1,53,347 lakhs compared to ₹1,41,732 lakhs in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹4,322 lakhs against ₹5,322 lakhs in the prior year's corresponding quarter. Basic and diluted earnings per share for the quarter were ₹18.22 (not annualised). The following table summarises the key standalone financial metrics:

Quarterly Standalone Performance

The investor presentation also provided a detailed quarter-wise standalone performance breakdown. The table below presents the quarterly standalone financial highlights:

Consolidated Financial Performance

On a consolidated basis, encompassing Blue Dart Express Limited and its wholly owned subsidiaries Blue Dart Aviation Limited and Concorde Air Logistics Limited, the Group reported revenue from operations of ₹6,14,088 lakhs for the year ended March 31, 2026, with total income of ₹6,18,280 lakhs compared to ₹5,76,216 lakhs in the prior year. The table below presents the key consolidated financial highlights:

Exceptional Items: New Labour Codes

On November 21, 2025, the Government of India notified four Labour Codes—the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020—consolidating 29 existing labour laws. On a standalone basis, the company evaluated an incremental impact of increased employee benefits expenses of Rs. 2,186 lakhs and increased freight, handling and servicing costs of Rs. 2,250 lakhs, recognising a total amount of Rs. 4,436 lakhs as exceptional items for the year ended March 31, 2026. On a consolidated basis, the Group estimated the incremental impact on retiral benefits at Rs. 4,403 lakhs for the same period, also presented as exceptional items.

Balance Sheet and Cash Flow Highlights

On a standalone basis, the company's net worth as at March 31, 2026 stood at ₹1,83,113 lakhs compared to ₹1,62,330 lakhs in the prior year, while total standalone assets were ₹3,51,687 lakhs against ₹3,03,111 lakhs. On a consolidated basis, total assets stood at ₹4,12,685 lakhs compared to ₹3,66,276 lakhs in the prior year. The table below summarises key standalone and consolidated balance sheet and cash flow metrics:

Investor Presentation: Operational Highlights

The investor presentation filed on May 14, 2026 highlighted key operational metrics for FY2025-26. Blue Dart reported sales of ₹61,409 mn, EBITDA (before exceptional items) of ₹6,492 mn with an EBITDA margin of 10.44%, and EBT (before exceptional items) of ₹3,599 mn. The company handled 404 million shipments and 1,439 thousand tonnes during the year. The presentation also noted that the EBITDA margin stood at 9.7% for FY2024-25, reflecting an improvement in the latest year. The following table summarises the key standalone quarter-wise performance as presented in the investor presentation (₹ Mn):

Shareholding Pattern and Dividend Track Record

As per the shareholding pattern disclosed in the investor presentation as of March 31, 2026, DHL holds 75.0% of the company, while mutual funds account for 7.62% and foreign investors hold 2.10%. The presentation also outlined the company's consistent dividend history, with a dividend of Rs. 25/- per share recommended for FY2025-26, Rs. 25/- per share paid for FY2024-25, Rs. 25/- per share paid for FY2023-24, Rs. 30/- per share paid for FY2022-23, and a total dividend (interim and final) of Rs. 60/- per share paid for FY2021-22.

Management Commentary

Commenting on the results, Balfour Manuel, Managing Director, Blue Dart Express Limited, stated: "FY2025–26 was a year of focused execution and resilient performance for Blue Dart, as we continued to deliver steady revenue growth despite a backdrop of global uncertainty, heightened geopolitical tensions, and evolving market dynamics. In such an environment, our ability to stay agile and customer-centric has been critical. We continued to build on our core strengths of reliability, reach, speed, and service excellence, while adapting our offerings to meet the changing needs of customers across e-commerce, retail, SME, and enterprise segments. Our performance was driven by sustained customer confidence, disciplined network execution, and a sharp focus on operational efficiency. As customer expectations continue to evolve, we remain committed to continuously enhancing and expanding our solutions to make them more relevant, accessible, and value driven. We will continue to invest in our network, digital capabilities, and service portfolio to support growth and strengthen our competitive edge."

Blue Dart Express Limited has announced its board meeting scheduled for May 9, 2026, to review and approve crucial financial results for the recently concluded quarter and financial year. The meeting represents a significant milestone for stakeholders awaiting the company's performance metrics for the period ended March 31, 2026.

Board Meeting Details

The board of directors will convene on Saturday, May 9, 2026, at 2:45 p.m. to deliberate on key financial matters. The meeting agenda encompasses comprehensive review of the company's performance across multiple parameters.

Key Agenda Items

The board meeting will focus on two primary areas of consideration. The directors will review and approve audited financial results for both the quarter and financial year ended March 31, 2026, covering both standalone and consolidated financials. Additionally, the board will deliberate on the consideration of dividend declaration on equity shares, subject to the company's financial performance and strategic priorities.

Trading Window Restrictions

In compliance with the company's Code of Conduct for Prevention of Insider Trading in Securities, Blue Dart Express Limited has implemented trading window restrictions. The trading window will remain closed from April 1, 2026, to May 11, 2026, ensuring adherence to insider trading prevention protocols.

Regulatory Compliance and Disclosure

The notice has been issued pursuant to Regulation 29 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its disclosure obligations by publishing the notice in leading newspapers including The Economic Times, Mumbai Edition, and Maharashtra Times, Mumbai Edition on April 29, 2026.

Information Accessibility

Stakeholders can access the complete notice through multiple channels. The information is available on the company's official website at www.bluedart.com , as well as on stock exchange platforms including www.bseindia.com and www.nseindia.com , ensuring transparent communication with all stakeholders.