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Tag: Blue Dart

Blue Dart Expands EV Fleet for a Greener Future on World Environment Day

New Delhi, 30 May 2024: In a strategic move towards fostering sustainability and reducing its carbon footprint, Blue Dart, South Asia’s leading courier and integrated express package distribution company, unveiled an expansion of its electric vehicle (EV) fleet, now boasting over 480 e-vehicles (2,3 &4 wheelers combined). This initiative underlines Blue Dart’s commitment to environmental stewardship on World Environment Day, aligning closely with the company’s ambitious goal to achieve net-zero carbon emissions.

Balfour Manuel, Managing Director, Blue Dart, Pablo Ciano, CEO, DHL eCommerce Solutions with members of the Board of Mgmt at the EV Fleet Inauguration in Mumbai (L-R)

The integration of EVs into Blue Dart’s fleet is poised to yield substantial environmental benefits, with an estimated reduction of 15.05 tonnes of CO2 emissions per month. Blue Dart’s proactive participation as a signatory to the ‘Climate Neutral Now’ (CNN) pledge by the United Nations Framework Convention on Climate Change (UNFCCC) further underscores its commitment to global climate action. The company’s Sustainability Roadmap emphasizes initiatives such as planting over 111,000 trees annually—a measure projected to offset more than 13,320 tonnes of CO2 emissions annually once these trees reach maturity.

Of the initiative Balfour Manuel, Managing Director, Blue Dart, said “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to significantly reduce our carbon footprint and contribute meaningfully to environmental conservation. Our transition to a green fleet demonstrates Blue Dart’s commitment to carbon neutrality and sustainable growth.”

Blue Dart remains dedicated to delivering innovative solutions in its pursuit of innovation while upholding its environmental responsibilities. The company’s adoption of electric vehicles marks a pivotal milestone in its journey towards long-term sustainability objectives, reinforcing its position as an industry leader committed to shaping a cleaner, greener tomorrow.

Blue Dart Introduces 20-Hour Delivery Service to GIFT City from Major Metros

New Delhi, March 28th, 2024: Blue Dart, South Asia’s premier express air and integrated transportation & distribution company, announced its central presence in GIFT City, Gujarat, with the inauguration of a new facility tailored to meet evolving customer demands and align with India’s growth trajectory. Equipped with cutting-edge infrastructure and seasoned personnel, Blue Dart’s GIFT City facility introduces a 20-hour delivery service from key metropolitan cities, ensuring a next-day delivery commitment.

blue dart

Commenting on this expansion, Balfour Manuel, Managing Director, Blue Dart, stated, “The inauguration of Blue Dart’s GIFT City facility signifies yet another milestone in our quest to redefine the logistics landscape. We are committed to providing best-in-class services and becoming the preferred logistics partner for all our customers’ shipping needs. We aim to enhance our market presence and capitalize on customer outreach opportunities at the global level. Blue Dart’s venture into the contemporary financial ecosystem of GIFT City will enable us to support businesses and generate value for our customers.”

Blue Dart seamlessly connects its fleet of 8 Boeing aircraft to provide express connectivity to GIFT City in Ahmedabad from all major metropolitan areas. With a strong focus on customer-centricity, the company has established an extensive network spanning across 55,600+ locations nationwide, ensuring accessibility and reliability for all shipping needs. With a robust fleet of over 12,000 on-ground vehicles including 460 E-vehicles, supported by 2,253 facilities nationwide, Blue Dart guarantees swift and secure deliveries. This strategic infrastructure positions Blue Dart as a frontrunner in providing express ground and e-commerce solutions, facilitating seamless deliveries to and from GIFT City. Leveraging the world’s largest express and logistics network as part of the DHL Group’s DHL eCommerce Solutions division, Blue Dart extends its reach to over 220 countries and territories globally.

Through its comprehensive service offerings, Blue Dart empowers SMEs and MSMEs across all pin codes by collaborating with them to expand their services and reach even the most remote areas of the country. In terms of operational efficiency, Blue Dart serves as a catalyst in facilitating business for sectors such as E-commerce, Pharmaceuticals & Medical Devices, BFSI, Consumer Electronics, and Automotive, among others.

Blue Dart’s Quarter 3 profit soars 30%

Mr. Balfour Manuel - Managing Director, Blue Dart

New Delhi, January 28th 2022: Blue Dart Express Limited, South Asia’s premier express air and integrated transportation & Distribution Company, declared its financial results for the quarter ended December 31st, 2021, at its Board Meeting held in Mumbai.

The company posted ₹1,222 million profit after tax for the quarter ended December 31st, 2021 (previous year, profit after tax for the corresponding quarter was ₹938 million). Revenue from operations for the quarter ended December 31st, 2021 stood at ₹12,548 million with a growth of 21% over the same quarter from the previous year. EBITDA for the quarter is ₹ 2,117 million, a growth of 15% over the same quarter last year. EBITDA margin stood at 16.8%,

Moreover, Blue Dart’s strong financial performance over the preceding quarters have paved the way for the Express Logistics Provider’s credit rating to be reviewed by the ICRA as well as India Ratings and Research to AA+. True to its promise of being an Investment of Choice, the company has also proposed to reward shareholders with an interim dividend of ₹25/- (Rupees Twenty Five) per share, which will be paid in February 2022.

Performance Highlights: Q3 FY21-22 vs. Q3 FY20-21

  Standalone Consolidated
  Q3 21-22 Q3 20-21 Growth Q3 21-22 Q3 20-21 Growth
Revenue from operations (₹ Mn) 12,548 10,349 21.2% 12,548 10,371 21.0%
EBITDA (₹ Mn) 2,117 1,841 15.0% 2,880 2,659 8.3%
EBITDA Margin 16.8% 17.7%   22.7% 25.5%  
PBT (₹ Mn) 1,632 1,216 34.2% 1,654 1,239 33.5%
PAT (₹ Mn) 1,222 938 30.3% 1,234 953 29.5%
EPS (absolute ₹) 51.49 39.52 30.3% 52.01 40.17 29.5%

 

Balfour Manuel, Managing Director, Blue Dart says, “Our results reflect our efforts in continuing to remain a Provider of Choice, Employer of Choice and an Investment of Choice. The company has witnessed strong growth during Q3 of FY21-22 owing to heightened business activity from key industry verticals. I am pleased to share that the Board has announced payment of dividends to our shareholders. While the nascent stages of the third wave of the pandemic had begun to take shape towards the end of the quarter, Blue Dart’s succinct focus on delivering excellence, driven through innovation and digitisation were the main contributors to our profit margin. Apart from this, growth in demand due to the festive season, our ability to provide incomparable service quality despite a surge in volumes and our extensive reach has helped us remain a ‘Customer Trusted Brand’. We continue to invest in our capabilities in order to fulfil our role as the Nation’s Trade Facilitator.”

Speaking about the future outlook, he says, “While economic indicators, towards the end of the quarter, pointed towards green-shoots emerging in the economy, the surge in cases due to new variants of the coronavirus indicate a slow-down in recovery. However, we remain cautiously optimistic for what the future holds, especially as we work towards building a sustainable business that stands to benefit our stakeholders by providing them with responsible solutions that safeguard our planet.” 

Blue Dart’s market differentiator, apart from its capabilities and its commitment to its customers, remains its ability to curate innovative individualised solutions for every logistics requirement. Over the course of the quarter, the organization continued to deliver excellence across a wide range of its customer segments including eCommerce, Consumer Durables, Consumer Electronics, Automotive, Banking etc.

The organization has increasingly emphasized on its technological prowess, in alignment with the Deutsche Post DHL Group’s ‘Strategy 2025 – Delivering Excellence in a Digital World’, which is leveraged to provide on-time deliveries, especially in the face of high demand. In light of this, Blue Dart continues to invest in innovation and technology to ensure a future-ready supply chain that has the ability to remain operational, even in the event of another unprecedented crisis. Most recently, the company has invested in building a tech-first infrastructure by launching the Blue Dart Med-Express Consortium that leverages the efficiency and increased reach provided by drone flights and has also revamped its C2PC operational module. Apart from investing in enhancing customer experience, Blue Dart also continues to invest in its People, Brand and Corporate Social Responsibility. Introducing several ‘Learning and Development initiatives for its teams as well as making Diversity and Inclusion a key part of its ‘People First’ philosophy, the organization continues to build a work culture that encourages growth.

Blue Dart continues to focus on delivering Exceptional Service Quality at all times and provides its customers with one-stop, hassle-free solutions to all their logistics requirements. In its journey to delight its customers, the company carried 190.86 million shipments weighing 682,854 tons during the nine months ended December 31st 2021.

Blue Dart is strongly committed to giving back to the communities and the environment in which it operates. The company has clear Sustainability Goals of its own that it aims to achieve by following a well-detailed Sustainability Roadmap. The roadmap encompasses three crucial elements: Clean Operations for Climate Protection (Environment), a Great Company to Work for all (Social) as well as building a Highly Trusted Company (Governance). Following the roadmap, Blue Dart seeks to make a lasting impact on communities through its ‘Go Programs’ – GoTeach (Championing education), GoGreen (Protecting the environment) and GoHelp (Disaster management response) that align with the UN Sustainable Development Goals. Additionally, Blue Dart recently won two ACEF Gold Awards for its widely recognised Blue Edge: Improving Lives Program that has empowered the lives of around 3,700 young adults and for its GoGreen initiatives where the organisation has planted 555,000 trees till date.

Ketan Kulkarni, Chief Commercial Officer, Blue Dart (1)

Blue Dart launches two mega offers ahead of the End-of-the-Year festivities!

Blue Dart, India’s leading express logistics provider, as a part of the Deutsche Post DHL Group, announced the launch of two exciting offers ahead of the end-of-the-year festivities – ‘Merry Express’ and ‘Assured Gift’ offer.

Emphasizing on spreading the warmth of the Christmas festivities along with the cheer of the New Year, The Merry Express Offer, can be availed from December 20th, 2021 until January 15th, 2022. The offer includes an exceptional discount of 40% on all gift shipments including, but not limited to, festive sweets, gifts and apparel weighing between 10kgs to 20kgs. This offer will be applicable on Non-Doc Shipments for Domestic Priority and International shipments.

Over and above this, the express logistics provider has also launched the ‘Assured Gift’ offer which can be availed until March 31st, 2022. The exciting offer is in association with Spykar and is available to all retail customers booking a domestic or international shipment at any of Blue Dart’s stores across the nation. Availing this offer would enable customers to redeem a free Spykar Gift of their choice, with only having to pay for the shipping & handling charges. Gifts include but are not limited to, stylish watches that are sure to accentuate your look and handy yet trendy trolley bags & duffle bags that are sure to make travelling even more fun.

Blue Dart’s Customer Centricity has always been a key market differentiator in a highly competitive environment. This coupled with its premium capabilities – its fleet of Boeing 757-200 freighters, technology-based solutions, an incomparable ground network facilitating trade to over 34,000 locations across India as well as its team of industry experts, all work towards enhancing customer delight by leaps and bounds.

Ketan Kulkarni, Chief Commercial Officer, Blue Dart, corroborates this by saying, “Blue Dart has always provided its customers with value-based services that are designed with a keen focus on providing solutions for their logistics requirements even before the need arises. The offers that we launch, especially during the festive season, aim to spread the joy and warmth that is associated with the festivities. COVID-19 has been instrumental in making the world a bigger place and enhanced distances between loved ones, which were otherwise easy to navigate around. Our goal, as the nation’s trade facilitator, is to make India and the world a smaller place. The ‘Merry Express’ and ‘Assured Gift’ Offers are a step forward in this direction.”

Blue Dart continues to invest in its capabilities to enhance customer experience. During the festive period, Blue Dart is inundated with delivery requests from across the globe. The organization leverages technology and automation to ensure safe, efficient and contactless deliveries that help the express logistics provider continue delivering excellence at every touchpoint. Blue Dart provides customers with an array of payment modes which include 16 digital wallets, Net banking, Credit & Debit Cards, Bharat QR Code and UPI (BHIM). Application programming interface (API) integration-based solutions for customers have been enhanced for exchanging manifest at detailed levels to ensure an automated and seamless supply chain, from pre-pick up till post-delivery- 24×7.