Blue Dart Express Q1 Results: Firm reports over 48% decline in Q1 profit
Blue Dart Express, the Indian logistics services provider, has reported a consolidated net profit of INR 621.8m ($7.6m) for Q2 2022. This is a 48% YoY/QoQ decline, despite a correction in the aviation turbine fuel that accounts for 40% of the operating costs. Reduced fuel prices and soft demand across e-commerce