India's Blue Dart Express slips on quarterly profit decline

Blue Dart Express

30/07/2025 04:58

** Indian courier delivery firm Blue Dart Express BLDT.NS falls 2.1% to 6,340.5

** Co posted a ~9% y/y decline in first-quarter profit as higher expenses offset a rise in volumes; rev increased 7%, while expenses rose 8%

** Stock rated "strong buy" on avg, median PT at 1,400 rupees - data compiled by LSEG

** BLDT down ~19% as of Tuesday's close

 (Reporting by Manvi Pant in Bengaluru)

 ((Manvi.Pant@thomsonreuters.com; +918447554364;))