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To hike prices by 9.6% from Jan 1: Blue Dart

Updated : October 30, 2020 12:50 PM IST

“We are now better than pre-COVID scenario, so I am sure given the current ecosystem we are optimistic about the future,” Aneel Gambhir, CFO, Blue Dart said in an interview to CNBC-TV18.

“From pricing perspective, we do not see a reduction, on the contrary we have already announced a 9.6 percent price hike effective January 1st,” he said.

Gambhir said there were some challenges on the volume side because of the offices not working to the full capacities and also BFSI sector which was one of the main sector in document business also not performing to the level which they were doing pre-pandemic.

Gambhir said that topline growth was returning.

“There is a strong growth in non- document business, there is a volume growth which is a double digit on the packages side. Largely the topline growth is driven by revenue realisation improvement,” he said.

To know more about the company's Q2 performance, watch the video.
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