Financial Results - Standalone (₹ in lakhs)
Quarterly Performance (Q2 FY27)
- Revenue from operations: ₹17,739 lakhs (Q2 FY26: ₹15,493 lakhs)
- Other income: ₹2,376 lakhs (Q2 FY26: ₹1,935 lakhs)
- Total income: ₹17,976 lakhs (Q2 FY26: ₹15,686 lakhs)
- Total expenses: ₹16,626 lakhs (Q2 FY26: ₹14,620 lakhs)
- Profit before tax: ₹1,350 lakhs (Q2 FY26: ₹1,065 lakhs)
- Tax expense: ₹331 lakhs (Q2 FY26: ₹270 lakhs)
- Net profit: ₹1,019 lakhs (Q2 FY26: ₹795 lakhs)
- Basic EPS: ₹42.98 (Q2 FY26: ₹33.50)
- Diluted EPS: ₹42.98 (Q2 FY26: ₹33.50)
Half-Yearly Performance (H1 FY27)
- Revenue from operations: ₹34,316 lakhs (H1 FY26: ₹29,912 lakhs)
- Other income: ₹4,573 lakhs (H1 FY26: ₹4,002 lakhs)
- Total income: ₹34,773 lakhs (H1 FY26: ₹30,312 lakhs)
- Total expenses: ₹32,259 lakhs (H1 FY26: ₹28,615 lakhs)
- Profit before tax: ₹2,514 lakhs (H1 FY26: ₹1,697 lakhs)
- Tax expense: ₹628 lakhs (H1 FY26: ₹433 lakhs)
- Net profit: ₹1,886 lakhs (H1 FY26: ₹1,264 lakhs)
- Basic EPS: ₹79.51 (H1 FY26: ₹53.28)
- Diluted EPS: ₹79.51 (H1 FY26: ₹53.28)
Financial Results - Consolidated (₹ in lakhs)
Quarterly Performance (Q2 FY27)
- Revenue from operations: ₹17,739 lakhs (Q2 FY26: ₹15,493 lakhs)
- Other income: ₹1,609 lakhs (Q2 FY26: ₹959 lakhs)
- Total income: ₹17,900 lakhs (Q2 FY26: ₹15,589 lakhs)
- Total expenses: ₹16,521 lakhs (Q2 FY26: ₹14,496 lakhs)
- Profit before tax: ₹1,378 lakhs (Q2 FY26: ₹1,093 lakhs)
- Tax expense: ₹339 lakhs (Q2 FY26: ₹279 lakhs)
- Net profit: ₹1,038 lakhs (Q2 FY26: ₹813 lakhs)
- Basic EPS: ₹43.79 (Q2 FY26: ₹34.30)
- Diluted EPS: ₹43.79 (Q2 FY26: ₹34.30)
Half-Yearly Performance (H1 FY27)
- Revenue from operations: ₹34,316 lakhs (H1 FY26: ₹29,912 lakhs)
- Other income: ₹3,150 lakhs (H1 FY26: ₹1,945 lakhs)
- Total income: ₹34,631 lakhs (H1 FY26: ₹30,107 lakhs)
- Total expenses: ₹32,062 lakhs (H1 FY26: ₹28,354 lakhs)
- Profit before tax: ₹2,569 lakhs (H1 FY26: ₹1,752 lakhs)
- Tax expense: ₹645 lakhs (H1 FY26: ₹450 lakhs)
- Net profit: ₹1,923 lakhs (H1 FY26: ₹1,302 lakhs)
- Basic EPS: ₹81.08 (H1 FY26: ₹54.88)
- Diluted EPS: ₹81.08 (H1 FY26: ₹54.88)
Balance Sheet Position - Standalone (as of September 30, 2026)
- Total assets: ₹36,659 lakhs (March 31, 2026: ₹35,168 lakhs)
- Non-current assets: ₹17,610 lakhs (March 31, 2026: ₹17,486 lakhs)
- Current assets: ₹19,048 lakhs (March 31, 2026: ₹17,682 lakhs)
- Equity: ₹19,618 lakhs (March 31, 2026: ₹18,311 lakhs)
- Non-current liabilities: ₹4,334 lakhs (March 31, 2026: ₹4,252 lakhs)
- Current liabilities: ₹12,706 lakhs (March 31, 2026: ₹12,604 lakhs)
Balance Sheet Position - Consolidated (as of September 30, 2026)
- Total assets: ₹42,490 lakhs (March 31, 2026: ₹41,268 lakhs)
- Non-current assets: ₹23,402 lakhs (March 31, 2026: ₹23,750 lakhs)
- Current assets: ₹19,088 lakhs (March 31, 2026: ₹17,518 lakhs)
- Equity: ₹19,117 lakhs (March 31, 2026: ₹17,768 lakhs)
- Non-current liabilities: ₹6,095 lakhs (March 31, 2026: ₹6,588 lakhs)
- Current liabilities: ₹17,278 lakhs (March 31, 2026: ₹16,911 lakhs)
Cash Flow Statements - Standalone (H1 FY27)
- Cash from operating activities: ₹2,212 lakhs (H1 FY26: ₹605 lakhs)
- Cash used in investing activities: ₹(1,657) lakhs (H1 FY26: ₹555 lakhs)
- Cash used in financing activities: ₹(1,682) lakhs (H1 FY26: ₹(1,450) lakhs)
- Net decrease in cash: ₹(1,127) lakhs (H1 FY26: ₹(289) lakhs)
- Cash equivalents at end: ₹1,221 lakhs (H1 FY26: ₹1,349 lakhs)
Cash Flow Statements - Consolidated (H1 FY27)
- Cash from operating activities: ₹4,247 lakhs (H1 FY26: ₹2,697 lakhs)
- Cash used in investing activities: ₹(2,868) lakhs (H1 FY26: ₹(772) lakhs)
- Cash used in financing activities: ₹(2,486) lakhs (H1 FY26: ₹(2,206) lakhs)
- Net decrease in cash: ₹(1,107) lakhs (H1 FY26: ₹(281) lakhs)
- Cash equivalents at end: ₹1,272 lakhs (H1 FY26: ₹1,382 lakhs)
Key Notes and Disclosures
1. Financial results prepared in accordance with Indian Accounting Standards and Regulation 33 of SEBI Listing Regulations
2. Company has one operating segment: integrated air and ground transportation and distribution
3. All assets domiciled in India, entire revenue from operations in India
4. Final dividend of ₹25 per share (face value ₹10 each) for FY26 disbursed during Q2 FY27, aggregating ₹5,932 lakhs
5. Statutory auditors (Deloitte Haskins & Sells LLP) carried out limited review with no qualifications
6. Results reviewed by Audit Committee and approved by Board on November 6, 2026
7. Consolidated results include Blue Dart Express Limited and wholly-owned subsidiaries Blue Dart Aviation Limited and Concorde Air Logistics Limited
Board Meeting Details
- Meeting commenced: 12:44 p.m. IST
- Discussion on financial results concluded: 3:45 p.m. IST
- Meeting continued for consideration of other agenda items
Management Commentary (from Press Release)
- Performance driven by improved product mix, better yield realization, service optimization
- Focus on unit cost efficiency and disciplined execution across business
- Strengthened customer engagement through targeted outreach to MSMEs and businesses in emerging markets
- Strategic partnerships entered to explore new parcel movement avenues and deepen rural India reach
- Continued focus on service excellence, operational efficiency, and disciplined network investment