DHL’s Indian subsidiary Blue Dart Express improved profits by nearly 30% in 2011.
The express operator’s net profit rose 29.5% from Rs 944 million in 2010 to Rs 1.2 bn (€18.6
million) last year, and it ended 2011 with revenues of Rs 14.9 billion (€231 million), up 29.8% on2010.Blue Dart’s domestic volumes grew 13.6% to 98.85 million shipments last year while internationalshipments grew to 0.8 million from 0.7 million the previous year. The company delivered over423,200 tonnes of documents and parcels across the nation and worldwide.
Anil Khanna, Managing Director, Blue Dart Express Limited said: “The 2011 results have been insync with our outlined expectations for the year. Going forward, we are committed to remain the‘Express & Logistics Provider of Choice’ for Indian industries. While continuing to be the`Trade Facilitators’ in the country, we shall continue our focus on addressing specific needs ofthe customers delivering customised solutions.”
He further added: “Blue Dart stands for Quality, Consistency, Reliability, Passion andCommitment. I thank every Blue Darter, associates, our customers and stakeholders for their supportand being our brand ambassadors. Blue Dart has robust plans for India and we are delighted to servein ‘Blue Dart Country’ with a business and human conscience to remain the customer’s FirstChoice.”
