Blue Dart Express, the Indian domestic express market leader, yesterday declared its financialresults for the 3rd Quarter ended September 30, 2007 at its Board Meeting held in Mumbai announcing
a 33.27% increase in profit.The income from operations for the 3rd quarter 2007 accounted for Rs. 207.30 crores (EUR36.89 million) which represents an increase of 17.44% compared to the corresponding quarter of theprevious year, and cumulative profit for nine months amounted to Rs. 77.70 crores (EUR 13.83million) which makes up an increase of 33.27 % compared to the corresponding period of the previousyear.
Anil Khanna, Managing Director, Blue Dart Express Limited said, “The results validate ourcustomers’ trust in us and we continue to be the most reliable distribution service provider in thecountry. To further this trust, last quarter we expanded our business profile to fortify our uniquecapability to offer the entire spectrum of express distribution solutions. With the reinforcementof ‘’Surfaceline’’, we have now expanded our reach to over 17,500 locations across the country”.
Today Blue Dart is firmly positioned as the unrivalled leader in the organised domestic airexpress market and plans to maintain and strengthen its leadership position. Looking ahead Mr.Khanna said “We are adding 58 new warehouses which means 1 million sq ft of additional warehousingspace, 596 new road-route connections, increase in workforce and enhancement of technologysolutions. We also plan to strengthen our air infrastructure and would be adding a B757 in the lastquarter. We stay committed to our role of a trade facilitator and would continue to enable growthfor a greater India.”
