The logistics industry continues to be driven by the growing customer expectations of convenience and quick deliveries. CNBC-TV18 spoke to Aneel Gambhir, CFO of Blue Dart to map the demand trends.

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“We have worked on yield rationalisation and cost management, both have helped us on improving our topline and bottomline. Make in India, Atmanirbhar Bharat or be it 5 trillion economy, if we are going to pursue that, all these are good indicators for us not only in short-term but also for the long term. We feel that we will have a positive outlook for the company,” he said.

On margins and e-commerce Gambhir said, “E-commerce is one of the main verticals for us and a critical one for topline and bottomline. Post pandemic we have seen an increase in e-commerce business. There has been good traction and good volume growth in e-commerce space.”

“We expect margins to sustain because of the cost efficiency measures which we have taken they are sustainable measures and I am sure they will continue to delivery bottomline for us and maybe in the similar range,” he added.

On the price increase, Gambhir said, “We have been taking price increase and this year also we have announced a price increase effective January 1st which is currently being worked upon and we are seeing good traction on that.”

On market share, he added, “We have been growing market share post-COVID and we have already reached pre-COVID level.”

Watch the video for the full management commentary

(Edited by : Abhishek Jha)

First Published:Feb 22, 2021 1:04 PM IST