Name: Latest research reports of Blue Dart Express Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Blue Dart Express Ltd.
Rating: 5
Author: Motilal Oswal

Capacity utilization picking up; outlook bright

Buy: Blue Dart Express Ltd.

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Motilal Oswal

Blue Dart Express’s (BDE) revenue grew 8.7% YoY to INR13.2b in 4QFY24 (in
line). BDE handled 0.29m tons of cargo volume (+8.7% YoY). The realization
remained flat YoY at INR 44.5/kg. It carried 91m shipments in 4Q.