Blue Dart Express Appoints New CFO as Q1 Revenue Hits ₹1,442 Crore

2 min read     Updated on 29 Jul 2025, 07:35 PM
scanxBy ScanX News Team
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Overview

Blue Dart Express has appointed Mr. Sagar Patil as its new Chief Financial Officer, effective August 1, 2025. The company reported Q1 FY26 financial results with revenue from operations at ₹1,441.92 crore and Profit After Tax at ₹46.93 crore. The company continues to focus on high-growth areas and is making investments in infrastructure and digital capabilities. Recent developments include the launch of India's largest Integrated Operating Facility in New Delhi and expansion of network to Guwahati.

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*this image is generated using AI for illustrative purposes only.

Blue Dart Express , South Asia's premier express air and integrated transportation & distribution company, has announced the appointment of Mr. Sagar Patil as its new Chief Financial Officer, effective August 1, 2025. This news comes alongside the company's financial results for the first quarter, which show steady performance in a dynamic market environment.

New CFO Appointment

The Board of Directors of Blue Dart Express, in their meeting held on July 29, 2025, approved the appointment of Mr. Sagar Patil as the Chief Financial Officer. Mr. Patil, who was serving as the Interim CFO, will continue as a Key Managerial Personnel of the company.

Mr. Patil brings with him over 15 years of experience as a Chartered Accountant. He has been with Blue Dart for more than 8 years, working in various finance roles including Corporate Controller, Head-Corporate Accounts, and Interim CFO. His prior experience includes stints at Burger King India, Shell Lubricants, Owens Corning India, and as CFO for DHL Express India.

Q1 Financial Highlights

Blue Dart Express reported its financial results for the quarter ended June 30, 2025:

  • Revenue from operations stood at ₹1,441.92 crore
  • Profit After Tax (PAT) reached ₹46.93 crore
  • Total income for the quarter was ₹1,462.59 crore
  • Earnings Per Share (EPS) for the quarter was ₹19.78 (not annualized)
Particulars (₹ in crore) Q1 FY26 Q4 FY25 Q1 FY25
Revenue from operations 1,441.92 1,417.32 1,342.71
Total income 1,462.59 1,437.88 1,361.83
Total expenses 1,399.41 1,359.64 1,292.52
Profit Before Tax 63.18 78.24 69.31
Profit After Tax 46.93 53.22 51.53

Management Commentary

Balfour Manuel, Managing Director of Blue Dart Express, commented on the company's performance: "Blue Dart continues to build strong momentum, driven by substantial traction across both B2B and B2C products. Our focus on strategically identified high-growth areas is beginning to yield results, supported by timely investments in new hubs, automation, and digital capabilities."

He further added, "In a landscape marked by evolving trade dynamics and tariff shifts, our commitment to reliability and time-definite services remains unwavering. To sustain this growth trajectory, we are making front-loaded investments that strengthen our operational backbone. As global supply chains transform, we are focused on creating a resilient, future-ready logistics ecosystem that plays a vital role in powering India's economic advancement."

Recent Developments

Blue Dart has recently marked several milestones:

  1. Launch of India's largest Integrated Operating Facility at Bijwasan in New Delhi, enhancing operational capabilities and service efficiency.
  2. Expansion of network with the introduction of Guwahati as a direct flying location, empowering Northeast India.
  3. Recognition as the Best Express Logistics Provider 2025 by the Institute of Supply Chain Management (ISCM).
  4. Certified as a Great Place to Work for the 15th consecutive year.

The company continues to strengthen its position as both the logistics partner of choice and the employer of choice through consistent investments in infrastructure and people.

Blue Dart Express Limited will host an investor call on August 1, 2025, at 4:30 p.m. to discuss the Q1 results in more detail.

Historical Stock Returns for Blue Dart Express

1 Day5 Days1 Month6 Months1 Year5 Years
-1.77%-12.83%-14.00%-10.44%-28.36%+197.91%
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Blue Dart Express Q4 Revenue Rises, Profit Dips; Announces Dividend

1 min read     Updated on 26 May 2025, 08:52 PM
scanxBy ScanX News Team
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Overview

Blue Dart Express reported Q4 financial results with revenue growth of 7.1% to ₹14.17 billion. However, profitability declined with EBITDA falling to ₹2.13 billion and net profit decreasing to ₹551.5 million. The company announced a dividend of ₹25 per share despite the profit decline.

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*this image is generated using AI for illustrative purposes only.

Blue Dart Express , a leading logistics company, has released its financial results for the fourth quarter, showcasing a mixed performance with revenue growth but a decline in profitability. The company has also announced a dividend for its shareholders.

Revenue Growth

Blue Dart Express reported a year-over-year increase in revenue for the fourth quarter. The company's revenue rose to ₹14.17 billion, up from ₹13.23 billion in the same period last year, representing a growth of approximately 7.1%.

Profitability Metrics

Despite the revenue growth, the company experienced a decline in some key profitability metrics:

  • EBITDA: Decreased to ₹2.13 billion from ₹2.26 billion year-over-year
  • EBITDA Margin: Fell to 15.04% from 17.08% in the previous year
  • Consolidated Net Profit: Declined to ₹551.5 million from ₹777.8 million year-over-year

It's worth noting that while the net profit showed a year-over-year decrease, it improved on a quarter-on-quarter basis, rising from ₹810 million in the previous quarter.

Dividend Announcement

In a move that may please shareholders, Blue Dart Express has recommended a dividend of ₹25 per share. This announcement comes alongside the financial results, potentially offering some compensation for the decline in profitability.

Financial Performance Overview

Metric Q4 (Current Year) Q4 (Previous Year) Change
Revenue ₹14.17 billion ₹13.23 billion +7.1%
EBITDA ₹2.13 billion ₹2.26 billion -5.8%
EBITDA Margin 15.04% 17.08% -2.04 percentage points
Net Profit ₹551.5 million ₹777.8 million -29.1%

The financial results indicate that while Blue Dart Express has managed to grow its top line, the company faced challenges in maintaining its profit margins during the quarter. The increase in revenue suggests continued demand for the company's logistics services, but factors affecting profitability may require attention from management and investors alike.

The dividend announcement of ₹25 per share demonstrates the company's commitment to returning value to shareholders, even in a quarter with mixed financial performance.

Historical Stock Returns for Blue Dart Express

1 Day5 Days1 Month6 Months1 Year5 Years
-1.77%-12.83%-14.00%-10.44%-28.36%+197.91%
Blue Dart Express
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