Blue Dart Stocks Soar to 52-Week Highs Following Stellar Q4 Results: Investment Opportunities in Sight?

• Blue Dart Express shares surge over 6% to reach 52-week highs following the announcement of Q4 results.
• The company reported a 12% growth in consolidated net profit at ₹77.8 Crore, compared to ₹69.88 Crore in the same quarter last year.
• Blue Dart Express Board announces a 250% dividend for investors.

Blue Dart Express shares hit 52-week highs following impressive Q4 results and a 250% dividend announcement. The company’s consolidated net profit saw a 12% increase year-on-year.

Impressive Q4 Results Drive Stock Surge

Blue Dart Express reported its earnings performance after market hours on Friday, revealing a consolidated net profit of ₹77.8 Crore. This represents a 12% growth over the ₹69.88 Crore reported during the same quarter last year. The net profit, adjusted for one-offs, was calculated by analysts at ₹76 crore, marking an 8% increase over the ₹70 crore reported in the year-ago quarter.

Revenue Growth and Dividend Announcement

The company’s net revenues for the quarter stoo... Read the full article for FREE at COINOTAG!