SynopsisDelhivery reported a 64% profit drop in the June quarter, as expenses increased significantly. Operating revenue rose 27% to Rs 3,291 crore, while net profit stood at Rs 32 crore. The company's express parcel business saw 55% volume growth, reaching 322 million shipments. Chief Operating Officer Ajith Pai resigned after a decade-long tenure with the company. Delhivery anticipates continued healthy momentum for express parcel volume growth in FY27.Delhivery posted a 64% year-on-year decline in June quarter net profit as higher expenses offset a 27% rise in operating revenue.Profit in the three months ended June 30 stood at Rs 32 crore on operating revenue of Rs 2,931 crore. Profit fell partly due to higher costs, especially expenses linked to the integration of Ecom Express, acquired by Delhivery in 2025.The company also announced chief operating officer (COO) Ajith Pai has resigned afterNow Playing
Delhivery Q1 profit falls 64%; logistics firm raises ecomm shipment growth projection - The Economic Times
Delhivery reported a 64% profit drop in the June quarter, as expenses increased significantly. Operating revenue rose 27% to Rs 3,291 crore, while net profit stood at Rs 32 crore. The company's express parcel business saw 55% volume growth, reaching 322 million shipments. Chief Operating Officer Ajith Pai resigned after a decade-long tenure with the company. Delhivery anticipates continued healthy momentum for express parcel volume growth in FY27.
141 words~1 min read
