Blue Dart Express Limited — Investor Meet, 08-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Blue Dart Express reported Q1 revenue of INR1,658 Cr (vs INR1,442 Cr prior year) and PAT of INR87 Cr. Performance was driven by pricing actions and fuel surcharges, alongside 7% overall tonnage growth. E-commerce revenue rose over 10% YoY, with ground B2B up 14%. Air freight accounts for ~60% of revenue, while B2B makes up ~70%. Management aims for stable margin improvement through efficiency and yield optimization, rather than solely volume growth. Annual standalone capex is projected at INR100-150 Cr for network expansion. Freighter utilization remains strong at 85-90%. Management expressed a positive outlook on improving returns.