loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations
Open ICICI 3-in-1 Account

Blue Dart Express Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Blue Dart Express Ltd. 11 May 2026 11:54 AM
Result PDF

Q4FY26 & FY26 Result Announced for Blue Dart Express Ltd.

Warehousing & Logistics company Blue Dart Express announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from Operations: Reported at Rs 1,53,347 lakh in Q4FY26, witnessing a decline of 5.12% QoQ from Rs 1,61,616 lakh in Q3FY26, but registering a growth of 8.19% YoY compared to Rs 1,41,732 lakh in Q4FY25. For FY26, revenue stood at Rs 6,14,088 lakh (Rs 6,141 crore), marking a 7.35% YoY increase from Rs 5,72,018 lakh (Rs 5,720 crore) in FY25.
  • Total Income: Reached Rs 1,54,545 lakh in Q4FY26, dropping 5.00% QoQ from Rs 1,62,665 lakh in Q3FY26, but growing 8.10% YoY against Rs 1,42,959 lakh in Q4FY25. FY26 total income stood at Rs 6,18,280 lakh, up by 7.30% YoY from Rs 5,76,216 lakh in FY25.
  • Profit Before Tax (PBT): Clocked at Rs 7,253 lakh in Q4FY26, a contraction of 8.18% QoQ from Rs 7,899 lakh in Q3FY26, and a drop of 10.50% YoY compared to Rs 8,104 lakh in Q4FY25. The annual PBT for FY26 was Rs 32,675 lakh, declining 5.90% YoY from Rs 34,724 lakh in FY25.
  • Net Profit: Posted at Rs 4,885 lakh (approx. Rs 49 crore) for Q4FY26, indicating a decline of 28.51% QoQ from Rs 6,833 lakh in Q3FY26, and a decrease of 11.42% YoY against Rs 5,515 lakh in Q4FY25. For FY26, net profit dipped slightly by 1.99% YoY to Rs 24,739 lakh (approx. Rs 240 crore) from Rs 25,242 lakh in FY25.

Standalone Financial Highlights:

  • Revenue from Operations: Stood at Rs 1,53,347 lakh in Q4FY26, declining 5.12% QoQ from Rs 1,61,616 lakh in Q3FY26, but moving up by 8.19% YoY against Rs 1,41,732 lakh in Q4FY25. For FY26, it grew by 7.35% YoY to Rs 6,14,088 lakh from Rs 5,72,018 lakh in FY25.
  • Total Income: Recorded at Rs 1,55,165 lakh in Q4FY26, representing a 5.10% drop QoQ from Rs 1,63,503 lakh in Q3FY26, but an increase of 7.91% YoY from Rs 1,43,788 lakh in Q4FY25. FY26 total income was Rs 6,21,795 lakh, reflecting a 7.23% YoY growth from Rs 5,79,847 lakh in FY25.
  • Profit Before Tax (PBT): Stood at Rs 6,474 lakh in Q4FY26, falling 20.11% QoQ from Rs 8,104 lakh in Q3FY26, and down by 17.25% YoY from Rs 7,824 lakh in Q4FY25. FY26 PBT declined by 6.05% YoY to Rs 31,555 lakh compared to Rs 33,587 lakh in FY25.
  • Net Profit: Achieved Rs 4,322 lakh (approx. Rs 43 crore) in Q4FY26, dropping 38.29% QoQ from Rs 7,004 lakh in Q3FY26, and declining 18.79% YoY from Rs 5,322 lakh in Q4FY25. Annual net profit for FY26 stood at Rs 23,969 lakh, slipping 2.02% YoY against Rs 24,463 lakh in FY25.

Business & Segment Highlights:

  • Segment-Wise Performance: The Company has only one operating segment, which is integrated air and ground transportation and distribution. All assets are domiciled in India, and the entire revenue is earned from operations within India.
  • Dividend Announcement: The Board of Directors recommended a dividend of Rs 25/- (Rupees Twenty-Five only) per equity share for the financial year ended March 31, 2026, subject to shareholders' approval.
  • Exceptional Items (Labour Codes Impact): The company evaluated the impact of the Government of India's new Labour Codes (Code on Wages, Industrial Relations, Social Security, and Occupational Safety). It estimated the incremental impact on retiral benefits, increased employee benefits, freight, handling, and servicing costs. Consequently, an amount of Rs 4,436 lakh was recognised as "Exceptional Items" for the year ended March 31, 2026.
  • Operational Momentum: Revenue growth in FY26 was supported by sustained momentum across e-commerce and B2B surface express solutions. The company also strengthened its integrated air and ground network and continued to focus on compliance, employee welfare, productivity improvement, and network efficiency despite a dynamic cost and regulatory environment.

Balfour Manuel, Managing Director, Blue Dart Express, said: "FY26 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, SM E, 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."

Result PDF

Result PDF

Warehousing & Logistics company Blue Dart Express announced Q3FY26 results

  • Revenue from operations for the period stood at Rs 16,162 million.
  • The company posted Rs 700 million profit after tax for Q3FY26.

Balfour Manuel, Managing Director, said: "Our Q3FY26 performance reflects resilient domestic demand, with meaningful contributions from Tier 2 and Tier 3 markets and steady SME shipment activity, supported by strong execution discipline across the network. As we move into 2026, the outlook for the logistics sector remains positive, aided by supply-chain formalisation, sustained consumption momentum, and sector-wide infrastructure development. With continued investments in network capabilities, digital solutions, and operational optimisation, we remain focused on supporting the evolving logistics needs of our customers."

Result PDF

Warehousing & Logistics company Blue Dart Express announced Q2FY26 results

  • Revenue from operations for the period stood at Rs 1,54,933 lakh compared to Rs 1,44,846 lakh during Q2FY25.
  • PBT: Rs 10,930 lakh compared to Rs 6,593 lakh during Q2FY25.
  • PAT: Rs 8,138 lakh compared to Rs 4,883 lakh during Q2FY25.

Balfour Manuel, Managing Director, Blue Dart, said: "Our quarterly performance reflects resilience in a dynamic and evolving environment, reinforcing the strength of our business model and our agility in responding to market shifts. Looking ahead, we remain optimistic about the structural opportunities within India's logistics landscape driven by rising consumption, increased manufacturing localisation, and the growing adoption of organised supply chain solutions. Furthermore, the rollout of GST 2.0 is expected to boost public consumption, providing a positive impetus to the logistics sector and reinforcing Blue Dart's role as a key enabler of trade and connectivity."

Result PDF

Warehousing & Logistics company Blue Dart Express announced Q1FY26 results

  • The company posted a profit after tax (PAT) of Rs 469 million for the quarter ended June 30, 2025, demonstrating steady performance amid a dynamic market environment.
  • Revenue from operations stood at Rs 14,419 million, reflecting continued customer trust and the strength of our service offerings.

Balfour Manuel, Managing Director, Blue Dart Express, said, "Blue Dart continues to build strong momentum, driven by substantial traction across both 82B 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. 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."

Result PDF

Warehousing & Logistics company Blue Dart Express announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • For the quarter ended March 31, 2025 (Q4FY25), revenue from operations stood at Rs 14,173 million
  • Profit after tax for the quarter stood at Rs 532 million.

FY25 Financial Highlights:

  • Blue Dart reported revenue from operations of Rs 57,202 million and profit after tax oft 2,446 million.

Commenting on the announcement, Balfour Manuel, Managing Director, Blue Dart Express, said, "Our focus in FY25 was on delivering consistency, maintaining service quality, and enhancing our offering strength with significant investments towards our aviation capabilities and infrastructure, an approach that will continue as we gear up for the future. With a long-term perspective on these investments, we remain committed to reinforcing our core, adopting technology for efficiency, and delivering reliable service. Several of these investments are frontloaded, and we anticipate upcoming business growth to drive cost optimization.

As we look ahead to FY26, we remain cautiously optimistic amid ongoing external uncertainties. Nonetheless, Blue Dart will continue to invest in expanding our network, advancing digital capabilities, and embedding sustainable practices to drive long-term operational strength to enhance service capabilities, deepen customer trust, and build operational resilience."

Result PDF

Warehousing & Logistics company Blue Dart Express announced Q3FY25 results

  • Revenue from operations for the quarter stood at Rs 15,117 million.
  • Profit after tax of Rs 791 million for Q3FY25.

Balfour Manuel, Managing Director, Blue Dart Express, said: "Our Q3FY25 performance reflects the resilience and adaptability of our diverse B2B & B2C solutions. This quarter's achievements highlight our ability to navigate market dynamics effectively, leveraging disciplined execution and operational excellence. We continue to deliver consistent growth and long-term value, reinforcing our role as a trusted partner for all stakeholders."

"We remain focused on building a future-ready logistics ecosystem by investing in sustainability, scalability, and service excellence. Our strategic initiatives focus on enhancing efficiency and environmental responsibility, enabling us to deliver seamless and reliable solutions. These efforts reinforce our position as the logistics provider of choice for the nation, meeting India's evolving logistics needs."

Result PDF

Transportation & Logistics company Blue Dart Express announced Q1FY25 results:

  • The company posted profit after tax of Rs 515 million for the quarter ended June 30, 2024.
  • Revenue from operations stood at Rs 13,427 million. 

Balfour Manuel, Managing Director, Blue Dart Express, commented on the company's performance, stating, "Our position as a leading logistics provider is a result of our commitment to operational efficiency and customer-centric solutions. We are optimistic about the growth opportunities that align with the country's development. By expanding our network, leveraging technology, and enhancing service capabilities, we are well-positioned to seize emerging opportunities and deliver exceptional value to our customers and stakeholders."

 

Result PDF

Transportation-Logistics company Blue Dart Express announced Q4FY24 & FY24 results:

FY24 Financial Highlights:

During the FY24, revenue from operations stood at Rs 52,678 million, accompanied by a profit after tax of Rs 2,886 million. This marks sustaining of revenue levels after significant surge observed in post-pandemic period.

Q4FY24 Financial Highlights:

Revenue from operations for the Q4FY24, is at Rs 13,229 million with a growth of 8.7%, and profit after tax is Rs 761 million with a growth of 8.1%, signifying the growth rates getting further momentum in the last quarter vs. full year.

Reflecting on the company's performance, Balfour Manuel, Managing Director, Blue Dart Express, stated, "In FY24, our profit margin levels have been sustained amidst network expansion and infrastructure investments in the recent quarters. These initiatives included the establishment of crucial air routes through the acquisition of two 737 freighters and the inauguration of state-of-the-art facilities. With addition of network and capacities, the growth in volumes in picking up additional momentum. The volumes have continued to grow with 9.5% growth in shipments and 4.4% growth in weights during the financial year. Additionally, we introduced innovative shipping platforms and forged strategic partnerships to further enhance our operations. These efforts signify our commitment to improving customer experience and strengthening market position. Amidst this trajectory of growth, we have consistently maintained operational efficiency, serving as a testament to our pursuit of excellence."

Result PDF

Transportation-Logistics company Blue Dart Express announced Q3FY24 results:

  • The company posted Rs 816 million profit after tax for Q3FY24.
  • Revenue from operations for Q3FY24 stood at Rs 13,829 million.
  • Exceptional Service Quality, coupled with automation and technology, continues to be pivotal in providing customers with a seamless, one-stop solution for all their logistics requirements.
  • The company handled 92 million shipments, weighing 314,239 metric tonnes, in the Quarter ended December 31, 2023.
  • Blue Dart was recently recognized as India's Top Value Creator 2023 in the transport and logistics category

Reflecting on the company's performance, Balfour Manuel, Managing Director of Blue Dart Express, said, ''In the post-pandemic era, as global trade normalizes, we continue to navigate challenges such as higher interest rates and increasing costs. Despite these hurdles, we not only surpassed pre-pandemic revenue levels but also have continued to invest in capacities and strengthened our position as the provider of choice for our customers. Our commitment to customer-centricity remains our top priority, driving our success."

Discussing the business outlook, he emphasized, "The growth opportunities and continued focus on customer centricity have enabled us to continue to invest, aligned with our strategic focus on People, Process, and Technology. This is complemented by a Last In-First Out approach, further reinforcing our market leadership."

 

Result PDF

Transportation - Logistics company Blue Dart Express announced Q1FY24 results:

  • Company posted 597 million profit after tax for Q1FY24.
  • Revenue from operations for Q1FY24 stood at Rs 12,375 million.
  • The company, known for its extensive network with a reach of 55,000 locations, cutting-edge technology, and unwavering commitment to customer satisfaction continued to deliver a good performance.
  • The Company carried 84 million shipments (last year 77 million shipments) weighing 2,85,625 tons (last year 2,78,393 tons) during Q1FY24.

Commenting on the company's performance, Balfour Manuel, Managing Director, Blue Dart Express, stated, "A significant driver of our consistent performance has been our focus on delivering high-quality services to our customers. By prioritizing service excellence, we have gained a substantial market share across various service offerings. Our commitment to understanding and exceeding our customers' expectations has set us apart from the competition, earning us their trust and loyalty."

Speaking about the business outlook, he says, "Our strategic investments during this quarter, have paved the way for a promising future. We have prioritized capacity creation through the induction of the two new aircraft, embraced automation and digitalization to enhance our infrastructure, and expanded our market reach through retail expansion. With these initiatives, we are well-positioned for sustained growth and remain committed to leveraging technology and exploring new opportunities."

Elaborating further, Balfour Manuel says, "As we progress through the year, we are excited about the potential that lies ahead. We will continue to focus on strategic investments and sustainable growth, ensuring that we remain at the forefront of the industry.

 

 

Result PDF

Trending News

Ashok Leyland and Switch Mobility Sign Landmark Deal to Scrap Old Delhi-NCR Trucks and Buses

According to media sources, Ashok Leyland has signed an agreement with the Ministry of Road Transport and Highways under the Centre’s vehicle replacement initiative for phasing out old trucks and buses in the Delhi-NCR region. 

Published on 16-Jun-2026 09:18

HCLTech invests $150M in Sarvam AI, valuing the sovereign AI startup at $1.5 billion

HCLTech announced an investment of ₹1,427.25 crore ($150 million) for a 10.46% strategic stake in sovereign AI startup Sarvam AI (Axonwise Private Limited), as part of Sarvam’s $234 million Series B first close of a $300 million expected close of Series B at a $1.5 billion post-money valuation. 

Published on 16-Jun-2026 09:05

Bharat Forge Unveils New MaRG Series of 155mm 4x4 Artillery to Boost India's Global Defense Exports

In a press release, Kalyani Strategic Systems Limited, the defence arm of Bharat Forge Limited, unveiled its new MaRG series of 155mm 4x4 Mounted Artillery Guns, marking a major step in India’s indigenous defence manufacturing push. 

Published on 16-Jun-2026 09:04

Siemens to supply advanced propulsion and control systems for Titagarh's Pune Metro trainsets

Siemens Ltd has received a supply order from Titagarh Rail Systems for the Pune Metro Rail project extension. 

Published on 16-Jun-2026 09:03

US-Iran Peace Deal to Reopen Hormuz Drives Brent Crude Down 30% to $80

Brent Crude prices declined by ~30% from its May 2026 peak levels of USD 115/barrel to USD 80/barrel. 

Published on 16-Jun-2026 09:02

India's auto sector races into the festive season with 23 new models, heavily focused on EVs

According to media sources, India’s automobile sector is entering an aggressive product cycle ahead of the festive season, with automakers planning to launch 23 new passenger vehicle models over the next nine months, of which 16 will be electrified models including battery EVs, plug-in hybrids and hybrid-assisted vehicles. 

Published on 16-Jun-2026 09:01

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Get it on google Play Store Download on the App Store
market app