Delhivery Reports Quarterly Profit on Strong Parcel Growth

Indian logistics company Delhivery reported a consolidated net profit of ₹406.4 million ($4.3 million) for the quarter on Friday, October 30, compared with a loss of ₹503.8 million during the same period last year. The turnaround was supported by strong performance in its express parcel shipping segment.

The company’s transport vertical, which contributes nearly 86% of its total revenue, recorded 22.1% growth. Revenue from express parcel shipping increased by 21.7% to ₹19.61 billion, while the part-truck load segment, which combines smaller shipments from multiple businesses, reported 23.1% revenue growth.

Overall, Delhivery’s revenue from operations rose by 20.4%, reflecting increased demand across its logistics services. The quarterly results highlight the company’s growth in parcel delivery and transportation operations.

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