India, Aug. 1 -- Marking its fifth consecutive profitable quarter, logistics major Delhivery reported a 67% increase in its consolidated net profit for Q1 FY26 to INR 91.1 Cr from INR 54.4 Cr in the year-ago quarter. Sequentially, profit rose 25% from INR 72.6 Cr.
Operating revenue grew 6% to INR 2,294 Cr during the quarter under review from INR 2,172.3 Cr in Q1 FY25. Sequentially, the top line saw a marginal growth from INR 2,191.6 Cr.
Delhivery's EBITDA for the quarter under review zoomed 53% to INR 149 Cr from INR 97 Cr in the previous year's quarter.
"We're pleased with the strong start to the financial year. The improved profitability as a result of operating at a higher scale reaffirms the inherent operating leverage linked effic...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.