Capacity utilization picking up; outlook bright

Company
06 May 2024
5 Min read 
  • Blue Dart Express's 4QFY24 results update and financial snapshot
  •  Capacity utilization picking up; outlook bright
  •  Revenue grew 8.7% YoY in 4QFY24, in line with estimates
  •  EBITDA margin at 10.5% in 4Q, in line with estimates
  •  BDE reported revenue of INR32.7b in FY24, with 2% YoY growth
  •  New aircraft stabilized, volumes improved in 4Q
  •  BDE's market share remains stable, with strong growth in ecommerce segment
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