Mumbai, Oct 29 (PTI) Logistics major Blue Dart Express on Thursday reported a three-fold jump in its profit to Rs 41.39 crore for the quarter ended September 30.

The company had posted a standalone net profit of Rs 13.99 crore in the July-September quarter of the previous financial year, according to a company statement.

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Revenue from operations, however, rose eight per cent to Rs 864,42 crore, compared with Rs 800.07 crore clocked during in the year-ago period.

"The COVID-19 pandemic posed a challenging time for all. Blue Dart not only weathered these challenges successfully but also continued to ensure unmatched service delivery to its customers," the company said.

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The firm added that it paid Rs 34.2 crore as a one-time ex-gratia to all employees, excluding senior management, as part of the company's 'People First' policy.

Blue Dart Managing Director Balfour Manuel said, "Macroeconomic indicators as well as the opening up of the economy signal a greener future for the country. We see our customers' businesses coming back to track with an exciting festive season around the corner, for which we are fully prepared."

He added that as pharmaceutical companies and the government work in tandem to roll out a COVID-19 vaccine, Blue Dart is gearing up to provide logistics support when a prospective vaccine candidate does arrive.

He added, "Automation and technology will continue to be the pivot for the business and Blue Dart will continue investing in these capabilities. Our investments into the brand, people, digitisation and infrastructure will take a new trajectory, as we build our brand for the future."

Blue Dart offers delivery of consignments to over 35,000 locations in India.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)