New Delhi: Logistics player Blue Dart Express on Tuesday reported a consolidated net loss of ₹30.57 crore in the March quarter, hit by the nationwide lockdown induced by COVID-19.
The company had posted a net profit of ₹12.24 crore in the January-March quarter a year ago, the company said in a BSE filing.
Its revenue from operations was at ₹726.30 crore during the quarter under review as against ₹781.55 crore in the corresponding period last year.
Commenting on the results, Blue Dart Express Managing Director Balfour Manuel said: "While we had started reaping benefit of cost efficiency measures and restructuring exercise in the quarter under consideration, lockdown due to COVID-19 in second fortnight of March impacted our revenues and