Delhivery Posts Rs.41 Cr Profit In Q2, Revenue Crosses Rs.3,000 Cr Mark
India, Oct. 30 -- Logistics company Delhivery reported a consolidated net profit of Rs.40.6 Cr in the September quarter of FY27 (Q2) from a loss of Rs.50.5 Cr in the year-ago period, supported by revenue growth outpacing the increase in expenses. Sequentially, profit increased 27.4% from Rs.31.9 Cr, while operating revenue grew 4.6% from Rs.2,930.7 Cr.
Operating revenue rose 19.8% YoY and 4.6% QoQ to Rs.3,066.4 Cr during the quarter under review. Other income fell 27.8% YoY to Rs.66.6 Cr from Rs.92.2 Cr. Including this, Delhivery's total income stood at Rs.3,133 Cr as against Rs.2,651.5 Cr a year earlier.
The company's total expenses increased 14.2% YoY to Rs.3,093 Cr from Rs.2,708.1 Cr. Freight, handling, and servicing costs, its large...
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