Blue Dart reports an outstanding result in Q2, Net Profit jumped by 74 per cent

Blue Dart Express is a courier and integrated express package Distribution Company. They cover over 26,804 locations, and service more than 220 countries and territories worldwide through their Sales alliance with DHL

Blue Dart recently posted an outstanding Q2FY16 results, the total revenue of Blue Dart rose by 12 per cent to Rs 561.46 crore in Q2FY16 ad against Rs 581.67 crore in Q2FY15. Total expenses rose marginally by 5 per cent to Rs 14.24 crore on yearly basis. The EBITDA of the company grew by 83.41 per cent to Rs 92.75 crore, EBITDA margin expanded by 554 basis points to 14.24 per cent year on year basis.

PBIT (Profit Before Interest and Taxes ) rose by 108.13 per cent to Rs 82.98 crore, the other income of Blue Dart reduced to Rs 5.56 crore against Rs 6.64 crore, around 16 per cent on yearly basis. Tax expenses increased by 71.53 per cent to Rs 26.93 crore against Rs 15.7 crore Y-o-Y. The Net Profit of Blue Dart sharply jumped by 74.46 per cent to Rs 53.75 crore in Q2FY16 compared to Rs 30.81 crore in Q2FY15.

Blue Dart is one the leading logistics company in India, and continues to be one of the most admired and awarded companies in India. Blue Dart recently featured in the list of India's Super 50 Companies by Forbes India, ranked in the BW Real 500 as one of the 500 biggest non-financial companies in India by Businessworld & KPMG and was awarded the Best Express Service Provider of the Year - Domestic at the 9th Express, Logistics and Supply Chain Conclave 2015.

Anil Khanna, Managing Director, Blue Dart Express Limited said, "While the economy continues to face several challenges, Blue Dart has continued to be resilient and has displayed exemplary quality and service excellence by incorporating high benchmarks and quality standards in every aspect of business. Blue Dart has steered through successfully with a clear focus on fundamentals like Quality, Consistency, Reliability, Passion and Commitment. We are committed to serve Blue Dart country and sustain our leadership position in the air and ground express segments through the widest range of innovative products and services, dedicated air and ground infrastructure, superior technology and passionate people force".

The FII holdings of Blue Dart reduced by 89 basis points to 6.72 per cent and DII holdings rose by 33 basis points to 6.01 per cent as on 30th September 2015. Today, Blue Dart is trading at Rs 7725 , around 2 per cent up.