Blue Dart Express Limited has informed the Exchange about Transcript

Blue Dart Express reported FY2026 revenue of INR 6,141 crores (up 7% YoY) with PAT of INR 240 crores. Q4 revenue stood at INR 1,533 crores with PAT of INR 43 crores, though Q4 PBT before exceptional items dropped 17% YoY. The company maintains a 60:40 air-to-ground revenue mix and 70:30 B2B-to-B2C split. Ground continues as the primary growth engine, with volume growth of 6.9% for ground and 8.8% for air in FY2026. Management implemented a General Price Increase (GPI) from January 2026 yielding better than 3-4% realization. Q4 margins were impacted by product mix shift toward heavier shipments, higher local vehicle hiring costs in March, and increased investments in sales and quality functions totaling approximately INR 10-15 crores. ATF price increases are expected to impact from Q1 FY2027 but will be largely neutralized through fuel surcharge mechanisms. Consolidated capex for FY2026 was INR 360 crores, including INR 200 crores for aircraft maintenance (recurring INR 100-150 crores annually). The company declined to provide specific forward-looking guidance on margins.