Economy
Delhivery Q1 Profit Drops 65% Amid Revenue Growth

Delhivery Q1 Profit Drops 65% Amid Revenue Growth

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THE BRIEF
1

Logistics firm Delhivery reported a 65% year-on-year decline in net profit to ₹32 crore for the first quarter of FY27, despite a 28% increase in revenue.

2

The company's financial performance reflects rising operational costs, even as it continues to expand its market share in the competitive logistics sector.

3

Investors are closely monitoring the company's ability to manage margins as it scales its infrastructure and technology investments in the coming quarters.