Sudha Pai
CFO, Blue Dart Express Limited
Notable Quotes
Our aim is to have a structured investment which takes care of our profitable growth.
We do not give any forward-looking statement, but we would be releasing our budgets very soon.
Our utilization on the new aircraft has increased from the previous quarter. The fixed expense, the unutilized expense that was there in the last quarter was around INR 11 crores, and now it's somewhere around INR 8 crores.
We expect the festive to help us to improve our margins there, and ideally, we should hit that budgeted level of margins of around 8%.
Blue Dart, per se, if you look at the past trends, has been consistently and very conservatively on a single-digit margin. We expect to remain within the same range between 7% to 8% to 9%.
We expect the margins to improve by another 2% to 3% from the current levels.
We do not give any forward-looking predictions.