Moneycontrol PRO
HomeNewsBusinessEarningsNot seen benefits of GST yet; cater to all e-commerce players: Blue Dart

Not seen benefits of GST yet; cater to all e-commerce players: Blue Dart

in the long-term there will definitely be a positive impact on logistic companies, said Aneel Gambhir, CFO, Bluedart.

October 18, 2017 / 12:14 IST

Blue Dart Express on Tuesday reported 3.29 percent fall in standalone net profit to Rs 41.39 crore for the September quarter, 2017-18.

The growth in second quarter reflected the underlying economic situation but last few days of September saw some pick up in volumes because of festive season and sales of ecommerce players, which contributed to revenue growth and bottomline, said Aneel Gambhir, CFO, Bluedart in an interview to CNBC-TV18.

As per reports GST was supposed to be a game changer for companies like us but it looks like companies are still struggling to get their act together, said Gambhir. However, long-term there will definitely be positive impact on logistic companies, he said.

We cater to all e-commerce players, said Gambhir.

Blue Dart Express Ltd, is an express air and integrated transportation and distribution company making deliveries to over 35,129 locations in India.

For more, watch video

first published: Oct 18, 2017 12:01 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347