Delhivery's Q1 Show, Weekly Funding Rebounds & More
India, Aug. 10 -- Delhivery's Lacklustre Q1 Show
Delhivery's profitability remained under pressure in Q1. Macroeconomic shocks and fixed cost structures tested the unit economics of the logistics giant during the quarter, even as healthy revenue growth, improving EBITDA and growing volumes cushioned some of this blow.
Here is a quick overview of Delhivery's Q1 FY27 performance:
Profit tanked 65% YoY to Rs.31.9 Cr
Operating Revenue rose 28% YoY to Rs.2,931 Cr
Total expenses jumped 29% YoY to Rs.3,012 Cr
EBITDA improved 6.5% YoY to Rs.156 Cr
Profit Pressure: The sharp profit decline came as labour shortages, fuel costs, weather disruptions and revised statutory minimum wages across four states weighed heavily on Delhivery's Q1 earnin...
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.