Integrated Filing — IndAS



General information about company
Scrip Code 526612
NSE Symbol BLUEDART
MSEI Symbol NOTLISTED
ISIN INE233B01017
Name of company Blue Dart Express Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 26-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 09-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Integrated air and ground transportation and distribution
Start date and time of board meeting 26-May-2025   17:50:00
End date and time of board meeting 26-May-2025   19:50:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 14173200000 57201800000
Other income 122700000 419800000
Total income 14295900000 57621600000
2 Expenses
(a) Cost of materials consumed 8301200000 33525600000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 2396500000 9680500000
(e) Finance costs 200300000 823900000
(f) Depreciation, depletion and amortisation expense 1243400000 4849400000
(f) Other Expenses
1 Other Expenses 1344100000 5269800000
Total other expenses 1344100000 5269800000
Total expenses 13485500000 54149200000
3 Total profit before exceptional items and tax 810400000 3472400000
4 Exceptional items 0 0
5 Total profit before tax 810400000 3472400000
6 Tax expense
7 Current tax 208300000 940900000
8 Deferred tax 50600000 7300000
9 Total tax expenses 258900000 948200000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 551500000 2524200000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 551500000 2524200000
17 Other comprehensive income net of taxes 38900000 -26100000
18 Total Comprehensive Income for the period 590400000 2498100000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0 0
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0 0
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 237300000 237300000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 15352800000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 23.24 106.38
Diluted earnings (loss) per share from continuing operations 23.24 106.38
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 23.24 106.38
Diluted earnings (loss) per share from continuing and discontinued operations 23.24 106.38
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The Consolidated Financial results include results of Blue Dart Express Limited and its wholly owned subsidiaries Blue Dart Aviation Limited and Concorde Air Logistics Limited (together referred to as the Group) and are prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (as amended), as prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies as applicable. n n2.The Board of Directors have recommended a Dividend of Rs. 25 (Rupees Twenty Five) per share for the year ended March 31, 2025, subject to necessary approval by the members in the ensuing Annual General Meeting. n n3. The Group has only one operating segment, which is integrated air and ground transportation and distribution. All assets of the Group are domiciled in India and the Group earns its entire revenue from its operations in India. n n4. The results for the quarter ended March 31, 2025 are the balancing figures between audited figures in respect of the full financial year ended March 31, 2025 and the unaudited published year to date figures up to December 31, 2024. n n5.The above results were reviewed by the Audit Committee and were thereafter approved by the Board at its meeting held on May 26, 2025. There are no qualifications in the Auditors' Report issued on the financial statements as at and for the financial year ended March 31, 2025.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 17563200000
Capital work-in-progress 765900000
Investment property 0
Goodwill 0
Other intangible assets 572600000
Intangible assets under development 3600000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 908800000
Total non-current financial assets 908800000
Deferred tax assets (net) 1046200000
Other non-current assets 105600000
Total non-current assets 20965900000
2 Current assets
Inventories 515300000
Current financial asset
Current investments 3857800000
Trade receivables, current 7860900000
Cash and cash equivalents 1663200000
Bank balance other than cash and cash equivalents 9900000
Loans, current 8600000
Other current financial assets 452500000
Total current financial assets 13852900000
Current tax assets (net) 626900000
Other current assets 666600000
Total current assets 15661700000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 36627600000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 237600000
Other equity 15352800000
Total equity attributable to owners of parent 15590400000
Non controlling interest 0
Total equity 15590400000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2000000000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 5817200000
Total non-current financial liabilities 7817200000
Provisions, non-current 40600000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 7857800000
Current liabilities
Current financial liabilities
Borrowings, current 0
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 523900000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 6321300000
Total Trade payable 6845200000
Other current financial liabilities 4554000000
Total current financial liabilities 11399200000
Other current liabilities 439500000
Provisions, current 1340700000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 13179400000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 21037200000
Total equity and liabilites 36627600000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss -52000000 34800000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 13100000 -8700000
5 Total Other comprehensive income 38900000 -26100000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3472400000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 823900000
Adjustments for decrease (increase) in inventories -27500000
Adjustments for decrease (increase) in trade receivables, current -1199200000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -105900000
Adjustments for decrease (increase) in other non-current assets 3900000
Adjustments for other financial assets, non-current -52800000
Adjustments for other financial assets, current -114600000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 771900000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -14200000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 4849400000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -175300000
Adjustments for provisions, non-current 15000000
Adjustments for other financial liabilities, current 119400000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 53200000
Adjustments for dividend income 245500000
Adjustments for interest income 75700000
Adjustments for share-based payments 12800000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 91500000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 4730300000
Net cash flows from (used in) operations 8202700000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 851500000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 7351200000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 65700000
Purchase of property, plant and equipment 2538900000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 14900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -538900000
Net cash flows from (used in) investing activities -2997200000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings -546900000
Repayments of borrowings 0
Payments of lease liabilities 2383900000
Dividends paid 593200000
Interest paid 812900000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -4336900000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 17100000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 17100000
Cash and cash equivalents cash flow statement at beginning of period 1646100000
Cash and cash equivalents cash flow statement at end of period 1663200000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Deloitte Haskins and Sells LLP Yes 31-Jul-2027