India's blue label express company third quarter profits into double-digit growth

The latest figures show that, a subsidiary of dhl-sinotrans LTD. India's domestic express enterprise-blue standard express company in the third quarter of 2011 and the first nine months of the profits into double-digit growth.

The third quarter, the company's operating income (including fuel surcharge) rose 32.4% to 3.888 billion rupees (56.4 million euros). Net profit rose 42% to 2.975 billion rupees (4.3 million euros).

In 2010, the company has gradually from 2009 years of decline state recovery, 2011 years to achieve double-digit growth. DHL express hold blue standard 81.03% of the shares, and the remaining shares on the Bombay stock exchange listing. In 2011, the company's share price rise steadily, from at the beginning of the year to 1000 rupees rise to the current 1500-1600 rupees.