Delhivery Q1 Profit Sinks 65% YoY To ₹32 Cr Despite A 28% Uptick In Revenue
Logistics major Delhivery’s consolidated net profit for the June quarter of FY27 slumped 65% to ₹31.9 Cr from ₹91.1 Cr…
Delhivery, a prominent logistics company, reported a significant decline in its Q1 profit for FY27, with consolidated net profit dropping 65% to ₹32 Cr compared to ₹91.1 Cr in the same period last year. Despite this stark decline, the company experienced a 28% increase in operating revenue, reaching ₹2,930.7 Cr from ₹2,294 Cr in Q1 FY26.
However, the company's top line saw a minor decline of 3% on a quarter-on-quarter basis, falling from ₹2,850 Cr to ₹2,930.7 Cr. Including other income of ₹114.1 Cr, Delhivery's total income for the quarter reached ₹3,044.8 Cr, while total expenditure increased by 29% to ₹3,011.6 Cr, up from ₹2,326.6 Cr in the previous year's quarter.
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