in the long-term there will definitely be a positive impact on logistic companies, said Aneel Gambhir, CFO, Bluedart.
In an interview to CNBC-TV18, Yogesh Dhingra, CFO & COO, Blue Dart Express shared his views on impacts of goods and services tax (GST) on the logistics sector. Companies would need six-eight months to see the benefits coming in. It is too early to comment on the tangible benefits by GST rollout, he said.
Most of the other e-commerce companies use Blue Dart services despite having their own captive logistics arms, says Yogesh Dhingra, CFO & COO of Blue Dart
Yogesh Dhingra, CFO, Blue Dart Express, says the company's performance in Q3 was impacted due to Chennai floods. He is of the view that the numbers look better due to lower base effect.
Speaking to CNBC-TV18, Yogesh Dhingra, CFO & COO of Blue Dart said that initial years will be difficult as there could be some hike in administrative cost due to the Bill.
Yogesh Dhingra, CFO & COO said the company's realizations witnessed an improvement in the last quarter.
With the Indian economy on a revival path, the next few years would be very good for the industry because the logistic sector has a very high correlation with pick-up in the gross domestic product (GDP) of the country, says Yogesh Dhingra of Blue Dart.