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Asia

Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%

Markets-Economic Times · 2h ago · 🇮🇳 India

Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%

Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EBITDA fell 4% as higher labour, fuel and operating costs weighed on margins. The logistics company expects pricing revisions and revenue growth to offset cost pressures.

Read the full story at Markets-Economic Times →

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