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.

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