BLUEDART · Services
Blue Dart Express Ltd. reported revenue of ₹1,383 cr for October to December 2023, — on the year and +4.5% on the quarter.
Operating profit (EBITDA) was ₹213 cr, a margin of 15.4%, — on the year and −144 bps on the quarter.
Net profit was ₹89.0 cr, — on the year and +21.9% on the quarter, with earnings per share of ₹37.46.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,383 cr | ₹1,323 cr | ₹1,343 cr | ₹1,448 cr | ₹1,512 cr | ₹1,417 cr | ₹1,442 cr | ₹1,549 cr | ₹1,616 cr | ₹1,533 cr | ₹1,658 cr | ₹1,774 cr |
| YoY | — | — | +8% | +9% | +9% | +7% | +7% | +7% | +7% | +8% | +15% | +15% |
| EBITDA margin | 15.4% | 17.1% | 15.0% | 15.1% | 15.8% | 15.0% | 13.6% | 16.3% | 17.4% | 14.5% | 15.7% | 16.2% |
| Other income, % of PBT | 22% | 10% | 13% | 11% | 11% | 15% | 15% | 9% | −42% | 16% | 13% | 12% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 17% | 26% | 26% | 26% | 26% | 32% | 26% | 26% | 14% | 33% | 26% | 25% |
| Net profit | ₹89.0 cr | ₹78.0 cr | ₹53.0 cr | ₹63.0 cr | ₹81.0 cr | ₹55.0 cr | ₹49.0 cr | ₹81.0 cr | ₹68.0 cr | ₹49.0 cr | ₹88.0 cr | ₹104 cr |
| YoY | — | — | −13% | −14% | −9% | −29% | −8% | +29% | −16% | −11% | +80% | +28% |
| Core profit YoY | — | — | −13% | −18% | +15% | −27% | −11% | +30% | +15% | −12% | +86% | +23% |
| EPS | ₹37.46 | ₹32.78 | ₹22.51 | ₹26.48 | ₹34.14 | ₹23.24 | ₹20.58 | ₹34.30 | ₹28.80 | ₹20.59 | ₹37.29 | ₹43.78 |
| Flags | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 1 | ✓ | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Blue Dart Express Ltd. reported revenue of ₹1,383 cr (— on the year) and net profit of ₹89.0 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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