Blue Dart Express Reports Record Sales and Profit Amid Financial Adjustments

Blue Dart Express has recently undergone an evaluation adjustment, reflecting notable changes in its financial metrics. The company reported its highest net sales for the quarter at Rs 1,549.33 crore, alongside a peak PBDIT of Rs 251.96 crore. The operating profit margin also reached a significant level, standing at 16.26% of net sales. Additionally, the profit before tax (PBT) less other income was recorded at Rs 99.71 crore, with a profit after tax (PAT) of Rs 81.38 crore, translating to an earnings per share (EPS) of Rs 34.29.
Despite these positive indicators, the company faced challenges with interest expenses, which were noted at Rs 21.72 crore. The overall financial performance has shifted positively after two consecutive quarters of negative results, contributing to the recent revision in its score.

In terms of market position, Blue Dart Express has shown a mixed performance relative to the broader market. Over the past year, the stock has generated a return of -13.52%, underperforming against the BSE500 index. However, it has demonstrated a strong management efficiency with a high return on capital employed (ROCE) of 24.38% and a low debt-to-EBITDA ratio of 0.87 times, indicating a solid ability to service its debt.

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