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01-01-1970 12:00 AM | Source: Dion Global Solution Ltd
Blue Dart Expres Q3 net profit up 30.28% at Rs 122.18 cr
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The company reported standalone net profit of Rs 122.18 crore for the quarter ended December 31, 2021 as compared to Rs 93.78 crore in the same period last year, registering a year-on-year growth of 30.28 per cent. Net revenue of the company rose substantially by 21.24 per cent at Rs 1,254.75 crore in October-December quarter of this fiscal as against Rs 1,034.92 crore in the corresponding period last year. During October-December quarter, operating expenses increased by 21.98 per cent to Rs 1,050.87 crore from Rs 861.54 crore in year ago period. Other Income grew by 231.91 per cent at Rs 7.80 crore versus (Dec'20 Rs 2.35 crore). Operating Profit surged by 17.59 per cent to Rs 203.88 crore as against Rs 173.38 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 2.99 per cent in December quarter. Interest declined by 29.26 per cent y-o-y to Rs 5.44 crore, while Taxation increased by 47.38 per cent at Rs 41.03 crore (Dec'20 Rs 27.84 crore).