Warehousing & Logistics company Blue Dart Express announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Reported at Rs 1,53,347 lakh in Q4FY26, witnessing a decline of 5.12% QoQ from Rs 1,61,616 lakh in Q3FY26, but registering a growth of 8.19% YoY compared to Rs 1,41,732 lakh in Q4FY25. For FY26, revenue stood at Rs 6,14,088 lakh (Rs 6,141 crore), marking a 7.35% YoY increase from Rs 5,72,018 lakh (Rs 5,720 crore) in FY25. Total Income: Reached Rs 1,54,545 lakh in Q4FY26, dropping 5.00% QoQ from Rs 1,62,665 lakh in Q3FY26, but growing 8.10% YoY against Rs 1,42,959 lakh in Q4FY25. FY26 total income stood at Rs 6,18,280 lakh, up by 7.30% YoY from Rs 5,76,216 lakh in FY25. Profit Before Tax (PBT): Clocked at Rs 7,253 lakh in Q4FY26, a contraction of 8.18% QoQ from Rs 7,899 lakh in Q3FY26, and a drop of 10.50% YoY compared to Rs 8,104 lakh in Q4FY25. The annual PBT for FY26 was Rs 32,675 lakh, declining 5.90% YoY from Rs 34,724 lakh in FY25. Net Profit: Posted at Rs 4,885 lakh (approx. Rs 49 crore) for Q4FY26, indicating a decline of 28.51% QoQ from Rs 6,833 lakh in Q3FY26, and a decrease of 11.42% YoY against Rs 5,515 lakh in Q4FY25. For FY26, net profit dipped slightly by 1.99% YoY to Rs 24,739 lakh (approx. Rs 240 crore) from Rs 25,242 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: Stood at Rs 1,53,347 lakh in Q4FY26, declining 5.12% QoQ from Rs 1,61,616 lakh in Q3FY26, but moving up by 8.19% YoY against Rs 1,41,732 lakh in Q4FY25. For FY26, it grew by 7.35% YoY to Rs 6,14,088 lakh from Rs 5,72,018 lakh in FY25. Total Income: Recorded at Rs 1,55,165 lakh in Q4FY26, representing a 5.10% drop QoQ from Rs 1,63,503 lakh in Q3FY26, but an increase of 7.91% YoY from Rs 1,43,788 lakh in Q4FY25. FY26 total income was Rs 6,21,795 lakh, reflecting a 7.23% YoY growth from Rs 5,79,847 lakh in FY25. Profit Before Tax (PBT): Stood at Rs 6,474 lakh in Q4FY26, falling 20.11% QoQ from Rs 8,104 lakh in Q3FY26, and down by 17.25% YoY from Rs 7,824 lakh in Q4FY25. FY26 PBT declined by 6.05% YoY to Rs 31,555 lakh compared to Rs 33,587 lakh in FY25. Net Profit: Achieved Rs 4,322 lakh (approx. Rs 43 crore) in Q4FY26, dropping 38.29% QoQ from Rs 7,004 lakh in Q3FY26, and declining 18.79% YoY from Rs 5,322 lakh in Q4FY25. Annual net profit for FY26 stood at Rs 23,969 lakh, slipping 2.02% YoY against Rs 24,463 lakh in FY25. Business & Segment Highlights: Segment-Wise Performance: The Company has only one operating segment, which is integrated air and ground transportation and distribution. All assets are domiciled in India, and the entire revenue is earned from operations within India. Dividend Announcement: The Board of Directors recommended a dividend of Rs 25/- (Rupees Twenty-Five only) per equity share for the financial year ended March 31, 2026, subject to shareholders' approval. Exceptional Items (Labour Codes Impact): The company evaluated the impact of the Government of India's new Labour Codes (Code on Wages, Industrial Relations, Social Security, and Occupational Safety). It estimated the incremental impact on retiral benefits, increased employee benefits, freight, handling, and servicing costs. Consequently, an amount of Rs 4,436 lakh was recognised as "Exceptional Items" for the year ended March 31, 2026. Operational Momentum: Revenue growth in FY26 was supported by sustained momentum across e-commerce and B2B surface express solutions. The company also strengthened its integrated air and ground network and continued to focus on compliance, employee welfare, productivity improvement, and network efficiency despite a dynamic cost and regulatory environment. Balfour Manuel, Managing Director, Blue Dart Express, said: "FY26 was a year of focused execution and resilient performance for Blue Dart, as we continued to deliver steady revenue growth despite a backdrop of global uncertainty, heightened geopolitical tensions, and evolving market dynamics. In such an environment, our ability to stay agile and customer-centric has been critical." "We continued to build on our core strengths of reliability, reach, speed, and service excellence, while adapting our offerings to meet the changing needs of customers across e-commerce, retail, SM E, and enterprise segments. Our performance was driven by sustained customer confidence, disciplined network execution, and a sharp focus on operational efficiency. As customer expectations continue to evolve, we remain committed to continuously enhancing and expanding our solutions to make them more relevant, accessible, and value-driven. We will continue to invest in our network, digital capabilities, and service portfolio to support growth and strengthen our competitive edge." Result PDF