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Posted on Jan 29, 06:00PM | IBNS
Mumbai, Jan 29 : Blue Dart Express Limited, South Asia's leading express air and integrated transportation, distribution and logistics company, on Tuesday declared its financial results for the quarter and twelve months period ended December 31, 2012.
The company posted ' 146.91 crores profit after tax for the twelve months ended December 31, 2012, an increase of ' 24.67 million growth in profit over 2011. Income from operations for the twelve months ended December 31, 2012 stood at ' 1,716.63 crores.
Anil Khanna, Managing Director, Blue Dart Express Limited, said, "We have worked as one team with grit and determination to overcome challenges largely driven by a slowdown and worst GDP growth in a decade. We would like to thank our customers, employees, shareholders, partners and all other stakeholders for their commitment and support."
The Company has changed its Accounting year to commence from 1st April of every year and to end on 31st March of the following year, to proactively comply with the proposed Companies Bill 2012.
Consequent to this, the current accounting period would be for the fifteen month period from January 1, 2012 to March 31, 2013.