Blue Dart registers Rs 23-crore profit in December quarter

Blue Dart on Wednesday reported a standalone profit of Rs 23.04 crore for the October-December quarter of the current financial year (FY14).

The company's profit in the corresponding quarter of the the previous fiscal year (FY13) was Rs 45.01 crore.

Blue Dart has changed its accounting year to commence from April 1 of every year and to the end of March 31 of the following year, to proactively comply with the Companies Act, 2013. Consequent to this, the previous accounting period was for the fifteen months period from January 1, 2012 to March 31, 2013, the company said in a filing to the BSE.

Total income from operations for the quarter stood at Rs 505.5 crore.

Despite tough economic challenges, the company has delivered value to its stakeholders by incorporating high benchmarks and quality standards in every aspect of business, Blue Dart managing director Anil Khanna said in a statement. 

Blue Dart's board of directors has declared an interim dividend of Rs 35 per equity share.