👩🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔♂️ A friendly human may check it before it goes live. More news here
🧔♂️ A friendly human may check it before it goes live. More news here
Delhivery Q2 revenue rises 20% as profit hits $4.3m
Delhivery, an India-based logistics company, posted a net profit of 406.3 million rupees (US$4.27 million) in the second quarter of FY27, compared with a loss of 504.9 million rupees (US$5.31 million) a year earlier.
Revenue rose 19.8% to 30.7 billion rupees (US$322 million). Express parcel volume increased 32% year on year to 325 million shipments.
The company said its part-truckload business grew 14% year on year. Delhivery Local, its on-demand intracity logistics and courier service, now operates in eight cities.
Delhivery also promoted Delhivery Direct’s intracity services in Mumbai and Hyderabad.
Listed rival Blue Dart also saw a similar volume-led trend, with first-quarter profit rise on strong volumes.
🔗 Source: YourStory
