Blue Dart Express Q2 FY18 standalone net profit declines 3.3% yoy

India Infoline Research Team | October 17, 2017 17:36 IST

The PAT for the quarter came in at Rs. 41.4 crore, yoy decline of 3.3%. This was due to 4.6% yoy increase in depreciation.

Blue Dart Express Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 702.8 6
EBITDA 211 3
EBITDA Margin (%) 30 [88]
Net Profit (adjusted) 41.4 [3.3]
***EBITDA margin change is bps
View

Buy

Reco. Price

4167.1

Last updated on

03-Oct-2017


Blue Dart Express
Blue Dart Express Limited standalone revenue for the quarter came in at Rs. 702.8 crore, registering 6% yoy increase.

EBITDA for the quarter rose by 3% yoy to Rs. 211 crore with a corresponding margin contraction of 88 bps. EBITDA margin for the quarter stood at 30%. This margin contraction was driven by 11.7% yoy increase in employee benefit expenses.
 
The PAT for the quarter came in at Rs. 41.4 crore, yoy decline of 3.3%. This was due to 4.6% yoy increase in depreciation.

Technical View:

Blue Dart Express Ltd is currently trading at Rs. 4,140.15, down by 37.85 points or 0.91% from its previous closing of Rs. 4,178 on the BSE.
The scrip opened at Rs. 4,206.75 and has touched a high and low of Rs. 4,206.75 and Rs. 4,126.35 respectively. So far 3,465(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 200 DMA.


***Note: This is a NSE Chart

 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.