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Indian logistics services provider Blue Dart Express on Thursday reported a drop in profit for the third quarter in a row, as reduced fuel costs were yet to show an impact, and demand was soft....
Blue Dart Express, the Indian logistics services provider, has reported a consolidated net profit of INR 621.8m ($7.6m) for Q2 2022. This is a 48% YoY/QoQ decline, despite a correction in the aviation turbine fuel that accounts for 40% of the operating costs. Reduced fuel prices and soft demand across e-commerce
Logistics services provider Blue Dart Express Ltd reported a drop in profit for the second quarter in a row on Friday on continued pressure from higher expenses.
Blue Dart, like other third-party logistics companies, rode a pandemic-led demand boom as people embraced shopping from their homes during the Covid-19 lockdowns, , blue dart express, q4 results