Blue Dart shares rise 9% as tax demand against arm cut to Rs 65 lakh from Rs 421 crore

Blue Dart shares rise in trade.

Blue Dart Express shares rose more than 9 percent on Thursday after the Goods and Services Tax adjudicating authority reduced the tax demand on its subsidiary, Blue Dart Aviation.

The stock climbed 9.39 percent to hit an intraday high of Rs 6,039.50 on the NSE. It later pared gains to trade at Rs 5,727.50 at around 12.45 pm, up 3.74 percent.

In an exchange filing, the company said the adjudicating authority revised the tax demand from Rs 421 crore to Rs 64.98 lakh, along with applicable interest of Rs 41.71 lakh and a penalty of Rs 6.49 lakh. Blue Dart Aviation has accepted and paid the revised tax and interest to avoid prolonged litigation, it added.

Addtionally, the courier services provider announced a general price increase for its shipments, with average shipment prices set to rise in the range of 9-12 percent from January 1, 2026. The exact increase will depend on product variability and the customer’s shipping profile.

The company said the pricing adjustment is aimed at maintaining speed, reliability and customer-centric solutions while addressing inflationary pressures, rising airline costs and the growing complexity of global supply chains.

The stock has declined about 21 percent in 2025, extending its losing run to three years.

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