New Delhi, May 27 -- Shares of logistics major Blue Dart Express, a Radhakishan Damani portfolio stock, fell sharply on Tuesday, May 27, as the company's March quarter results failed to impress investors. The stock declined over 5 percent in intra-day trade, touching a low of Rs.6,785.05, following a steep drop in net profit despite a rise in revenue.
Blue Dart Express reported a 29 percent year-on-year (YoY) decline in consolidated net profit to Rs.55.15 crore for the quarter ended March 2025 (Q4FY25), down from Rs.77.78 crore in the same quarter last year. The company attributed the decline in profitability to rising expenses, which increased by 9.72 percent to Rs.1,348.55 crore during the quarter.
Despite the bottom-line pressure, th...
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