Blue Dart shares rise as price hikes take effect, tax demand is set aside

Shares of Blue Dart Express Ltd. are trading with gains of as much as 9% on Thursday, January 1, after tax authorities sharply reduced a tax demand on the company and it announced a price hike.

The adjudicating authority has revised the tax demand on Blue Dart from ₹421 crore to ₹64.98 lakh, along with applicable interest of ₹41.71 lakh and a penalty of ₹6.49 lakh.

The company said the revised tax and interest amount has been voluntarily accepted and paid to avoid protracted litigation, according to an exchange filing.

Separately, the courier services provider announced a general price increase for its shipments, with average shipment prices set to rise in the range of 9-12% from January 1, 2026. The exact increase will depend on product variability and the customer's shipping profile.

Blue Dart said customers who sign up between October 1 and December 31, 2025, will be exempt from the upcoming general price increase as part of efforts to support new customers and encourage business growth.

The company said the pricing adjustment is necessary to maintain speed, reliability, and customer centric solutions while addressing inflationary pressures, rising airline costs, and the growing complexity of global supply chains.

In line with its annual practice, Blue Dart undertakes a comprehensive review of its pricing structure to ensure continued service excellence while fostering a sustainable logistics ecosystem.

“The general price increase enables us to continue investing in advanced technology, greener logistics, and network expansion. We will exempt all customers onboarded between October and December 2025, reaffirming our commitment to support businesses as they scale, even amid global challenges,” said Balfour Manuel, Managing Director, Blue Dart Express.