Blue Dart Express, the Indian domestic express market leader, increased net profits by 39% in 2007on sales up 21% following the addition of a third B757 freighter and launch of a new road express
service.Blue Dart said it posted a net profit of 699.3 million rupees (EUR 12 million) for the yearended December 31, 2007. Its income from operations grew by 21% to 8,087 million rupees (EUR 139.7million).
Anil Khanna, Managing Director, Blue Dart Express Ltd, said: “Our results are a validation ofour customer’s faith in us and of our commitment to serve their business. We are proud to bepositioned as the only service provider with a distinctive capability to offer the entire gamut ofexpress distribution solutions. We have seen consistent high results in the past and expect thetrend to continue this year as well.”
“The launch of our new fortified ground express product – Dart Surfaceline last year, is astrong step towards achieving our aim of being the first choice for all our customers, however ourfocus from our core air express product remains unwavered. We aim to continue setting standards inthe Indian express industry and facilitating trade and commerce for a greater India.”
