Due to higher costs, Blue Dart Express's fourth-quarter profit fell by 49%.

Blue Dart Express Ltd., a supplier of logistics services, reported a decline in earnings for its second quarter in a row

on Friday due to ongoing pressure from rising expenditures.

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The fourth-quarter net profit for the firm, which is owned by Deutsche Post, decreased by more than 49%

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Over 4% more was made by Blue Dart in revenue during the quarter, while over 14% more was spent overall.

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Blue Dart and other third-party shipping firms profited from a surge in demand brought on by the epidemic

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However, businesses are currently dealing with a double blow from increasing fuel prices

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Blue Dart's sales growth dipped to single digits in the October-December quarter

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causing it to post its first quarterly profit decline in ten quarters.

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