Blue Dart Shares Rise on GST Demand Reduction and Planned Price Hike
45 minutes agoBusiness
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3 SourcesChennai, India
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Blue Dart Shares Rise on GST Demand Reduction and Planned Price Hike

Blue Dart Express shares surged following a significant reduction in a GST demand against its subsidiary, Blue Dart Aviation. The tax demand was lowered from approximately Rs 421 crore to Rs 65 lakh, with associated interest and penalties also reduced. The company has accepted and paid the revised amount to avoid further litigation. Additionally, Blue Dart announced an average shipment price increase of 9-12% effective January 1, 2026, citing inflationary pressures and rising operational costs.

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