Blue Dart Express Limited — Quarter and year ended March 31, 2026
Optional note: Financial figures are presented in ₹ lakhs.
| Sr No | Particulars | Quarter Ended 31/03/2026 (Unaudited Note 5) | Quarter Ended 31/12/2025 (Unaudited) | Quarter Ended 31/03/2025 (Unaudited) | Year Ended 31/03/2026 (Audited) | Year Ended 31/03/2025 (Audited) |
|---|---|---|---|---|---|---|
| 1. | Income | |||||
| (a) Revenue from operations | 1,53,347 | 1,61,616 | 1,41,732 | 6,14,088 | 5,72,018 | |
| (b) Other income | 1,818 | 1,887 | 2,056 | 7,707 | 7,829 | |
| Total income | 1,55,165 | 1,63,503 | 1,43,788 | 6,21,795 | 5,79,847 | |
| 2. | Expenses | |||||
| (a) Freight, handling and servicing costs (Refer note 3) | 1,07,994 | 1,12,391 | 1,00,394 | 4,28,837 | 4,04,051 | |
| (b) Employee benefits expenses (Refer note 3) | 20,413 | 19,295 | 18,176 | 80,540 | 73,741 | |
| (c) Finance costs | 1,167 | 1,264 | 754 | 4,203 | 2,879 | |
| (d) Depreciation and amortisation expense | 6,637 | 7,101 | 5,285 | 24,724 | 20,921 | |
| (e) Other expenses | 12,467 | 10,925 | 11,355 | 47,500 | 44,668 | |
| Total expenses | 1,48,678 | 1,50,976 | 1,35,964 | 5,85,804 | 5,46,260 | |
| 3. | Profit before exceptional items and tax | 6,487 | 12,527 | 7,824 | 35,991 | 33,587 |
| 4. | Exceptional items (Refer note 3) | 13 | 4,423 | – | 4,436 | – |
| 5. | Profit before tax | 6,474 | 8,104 | 7,824 | 31,555 | 33,587 |
| 6. | Tax expense | |||||
| Current Tax | 2,432 | 2,727 | 1,602 | 9,594 | 8,926 | |
| Adjustment of tax relating to earlier years / periods | – | (1,492) | 483 | (1,492) | 483 | |
| Deferred Tax (Credit) / Charge | (280) | (135) | 417 | (516) | (285) | |
| Total tax expense | 2,152 | 1,100 | 2,502 | 7,586 | 9,124 | |
| 7. | Net Profit for the period / year | 4,322 | 7,004 | 5,322 | 23,969 | 24,463 |
| 8. | Other comprehensive income, net of income tax | |||||
| (a) Items that will not be reclassified to Statement of Profit and Loss | ||||||
| Actuarial gain / (loss) arising from remeasurements of post employment benefit obligation | 1,918 | 1,599 | 615 | 3,517 | (253) | |
| Income tax relating to this item | (483) | (402) | (155) | (885) | 63 | |
| (b) Items that will be reclassified to Statement of Profit and Loss | – | – | – | – | – | |
| Total other comprehensive income / (loss) net of income tax | 1,435 | 1,197 | 460 | 2,632 | (190) | |
| 9. | Total comprehensive income, net of income tax | 5,757 | 8,201 | 5,782 | 26,601 | 24,273 |
| 10. | Paid-up equity share capital (Face value ₹10/- per share) | 2,373 | 2,373 | 2,373 | 2,373 | 2,373 |
| 11. | Reserves excluding Revaluation Reserve | – | – | – | 1,80,737 | 1,59,954 |
| 12. | Net Worth | – | – | – | 1,83,113 | 1,62,330 |
| 13. | Earnings per share (of ₹10/- each) (not annualised) | |||||
| (a) Basic | 18.22 | 29.52 | 22.43 | 101.02 | 103.10 | |
| (b) Diluted | 18.22 | 29.52 | 22.43 | 101.02 | 103.10 |
| Particulars | As at 31/03/2026 (Audited) | As at 31/03/2025 (Audited) |
|---|---|---|
| A. ASSETS | ||
| 1. Non-Current Assets | ||
| (a) Property, Plant and Equipment | 29,654 | 23,452 |
| (b) Capital work – in – progress | 35 | 283 |
| (c) Right of use assets | 54,869 | 33,139 |
| (d) Other Intangible Assets | 3,362 | 4,644 |
| (e) Intangible assets under development | – | 36 |
| (f) Financial Assets | ||
| (i) Investments | 14,406 | 14,406 |
| (ii) Loans | 43,475 | 51,750 |
| (iii) Other Financial Assets | 16,432 | 16,114 |
| (g) Deferred Tax Assets (Net) | 3,747 | 4,116 |
| (h) Non-Current Tax Assets (Net) | 5,341 | 3,315 |
| (i) Other Non-Current Assets | 3,542 | 977 |
| Total Non-Current Assets | 1,74,863 | 1,52,232 |
| 2. Current Assets | ||
| (a) Inventories | 881 | 868 |
| (b) Financial Assets | ||
| (i) Investments | 41,256 | 38,578 |
| (ii) Trade receivables | 91,581 | 78,489 |
| (iii) Cash and Cash equivalents | 23,491 | 16,390 |
| (iv) Bank balances other than above | 98 | 99 |
| (v) Loans | 10,881 | 9,086 |
| (vi) Other Financial Assets | 3,122 | 3,999 |
| (c) Other Current Assets | 5,514 | 3,370 |
| Total Current Assets | 1,76,824 | 1,50,879 |
| TOTAL-ASSETS | 3,51,687 | 3,03,111 |
| Particulars | As at 31/03/2026 (Audited) | As at 31/03/2025 (Audited) |
|---|---|---|
| B. EQUITY AND LIABILITIES | ||
| EQUITY | ||
| (a) Equity Share capital | 2,376 | 2,376 |
| (b) Other Equity | 1,80,737 | 1,59,954 |
| LIABILITIES | ||
| 1. Non-Current Liabilities | ||
| Financial Liabilities | ||
| (i) Lease Liability | 42,525 | 23,971 |
| Employee Benefit Obligations | – | – |
| Total Non-current liabilities | 42,525 | 23,971 |
| 2. Current liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease Liability | 15,339 | 10,842 |
| (ii) Trade Payables | 6,566 | 5,094 |
| Total outstanding dues to micro and small enterprises | – | – |
| Total outstanding dues to creditors other than micro and small enterprises | 67,663 | 66,087 |
| (iii) Other Financial Liabilities | 25,353 | 22,182 |
| (b) Other Current Liabilities | 2,303 | 1,942 |
| (c) Employee Benefit Obligations | 8,825 | 10,663 |
| Total Current Liabilities | 1,26,049 | 1,16,810 |
| TOTAL-EQUITY AND LIABILITIES | 3,51,687 | 3,03,111 |
| Particulars | Year Ended 31/03/2026 (Audited) | Year Ended 31/03/2025 (Audited) |
|---|---|---|
| A. Cash flows from Operating activities: | ||
| Profit before Tax | 31,555 | 33,587 |
| Adjustments for: | ||
| – Depreciation and Amortisation Expense | 24,724 | 20,921 |
| – Finance Costs | 4,203 | 2,879 |
| – Interest income | (4,062) | (3,998) |
| – Gain on sale of units of Mutual Funds | (2,389) | (2,455) |
| – Unwinding interest on Payload Deposit and Lease Deposit | (945) | (1,027) |
| – Loss on sale / scrapping of Property, Plant and Equipment (Net) | 9 | 358 |
| – Net Loss / (Gain) on Foreign Currency Transactions | 81 | (10) |
| – Share Based Payment | 114 | 126 |
| – Bad debts written off (Net) | – | 199 |
| – Provision for doubtful debts | 450 | 227 |
| Operating profit before working capital changes | 53,740 | 50,807 |
| Adjustments for changes in working capital: | ||
| – (Increase) in Inventories | (12) | (9) |
| – (Increase) in Trade Receivables | (13,623) | (12,073) |
| – (Increase) in Other Non Current Financial Assets | (87) | (436) |
| – (Increase) / Decrease in Other Non Current Assets | (2,315) | 9 |
| – Decrease / (Increase) in Other Current Financial Assets | 879 | (1,260) |
| – (Increase) / Decrease in Other Current Assets | (2,144) | 166 |
| – Decrease / (Increase) in Current Loans | 80 | (64) |
| – Increase in Trade Payables | 3,049 | 15,072 |
| – Increase in Other Current Financial Liabilities | 3,202 | 6,467 |
| – Increase in Other Current Liabilities | 361 | 100 |
| – Increase / (Decrease) in Current Employee Benefits Obligations | 1,679 | (1,589) |
| Cash generated from Operations | 44,809 | 57,190 |
| – Taxes paid (net of refunds) | (10,128) | (8,302) |
| Net cash generated from operating activities | 34,681 | 48,888 |
| B. Cash flows from Investing activities: | ||
| Payments for Property, Plant and Equipment and other Intangible assets | (12,118) | (7,704) |
| Proceeds from sale of Property, Plant and Equipment and other Intangible assets | 193 | 368 |
| Interest received | 4,062 | 3,998 |
| Investment in mutual funds | (9,22,130) | (8,73,280) |
| Redemption of mutual funds | 9,21,840 | 8,67,885 |
| Loans repaid by / (given to) Subsidiary (net) | 6,400 | (18,000) |
| Investment in Bank fixed deposits (net) | (15) | 6 |
| Net cash (used in) Investing activities | (1,768) | (26,727) |
| C. Cash flows from Financing activities: | ||
| Payment of principal portion of Lease liabilities | (15,677) | (13,376) |
| Payment of interest on Lease liabilities | (4,203) | (2,871) |
| Interest (paid) | – | (8) |
| Dividend (paid) | (5,932) | (5,932) |
| Net cash (used in) Financing activities | (25,812) | (22,187) |
| Net Increase / (Decrease) in Cash and Cash Equivalents (A+B+C) | 7,101 | (26) |
| Cash and cash equivalents at the beginning of the year | 16,390 | 16,416 |
| Cash and cash equivalents at the end of the year | 23,491 | 16,390 |
| Sr No | Particulars | Quarter Ended 31/03/2026 (Unaudited Note 5) | Quarter Ended 31/12/2025 (Unaudited) | Quarter Ended 31/03/2025 (Unaudited) | Year Ended 31/03/2026 (Audited) | Year Ended 31/03/2025 (Audited) |
|---|---|---|---|---|---|---|
| 1. | Income | |||||
| (a) Revenue from operations | 1,53,347 | 1,61,616 | 1,41,732 | 6,14,088 | 5,72,018 | |
| (b) Other income | 1,198 | 1,049 | 1,227 | 4,192 | 4,198 | |
| Total income | 1,54,545 | 1,62,665 | 1,42,959 | 6,18,280 | 5,76,216 | |
| 2. | Expenses | |||||
| (a) Freight, handling and servicing costs | 90,492 | 94,354 | 83,012 | 3,56,833 | 3,35,256 | |
| (b) Employee benefits expenses (Refer note 3) | 25,610 | 25,834 | 23,965 | 1,04,259 | 96,805 | |
| (c) Finance costs | 2,154 | 2,378 | 2,003 | 8,564 | 8,239 | |