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Delhivery Swings to Black as Revenue Rises 20% in 2nd Qtr

Delhivery reported September-quarter operating revenue of ₹3,066 crore, up 20% year on year, and net profit of ₹41 crore, versus a ₹50 crore loss a year earlier. Express parcel volume rose 32% and revenue increased 22%; the company said October volumes exceeded its initial expectations.

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What happened

Delhivery reported September-quarter operating revenue of ₹3,066 crore, up 20% year on year, and net profit of ₹41 crore, versus a ₹50 crore loss a year earlier. Express parcel volume rose 32% and revenue increased 22%; the company said October volumes exceeded its initial expectations.

Confirmed

Global impact / market context

The return to profit alongside rising revenue suggests Delhivery’s transport growth is helping cover its costs, while stronger express parcel volumes may support further sales. If growth continues, it could improve cash available for operations; weaker volumes or higher costs could reverse that progress.

Analyst inference

The article links Delhivery’s growth to transport services, especially express parcel shipments, and says the December quarter is expected to be strong for logistics and ecommerce companies because much festive shopping falls then. That seasonal demand may lift shipment volumes and revenue, but is not guaranteed.

Analyst inference

What to watch

  1. Check whether express parcel volume and revenue growth continue in the next reported quarter; these measures show whether recent shipment demand is translating into sustained sales. Analyst inference
  2. Compare net profit with the ₹41 crore September-quarter result and the ₹32 crore reported for April–June to see whether the return to profit is continuing. Analyst inference
  3. Watch for the company’s fuller update on October–December performance, including whether October’s better-than-expected volumes persist through the festive shopping period. Analyst inference

Evidence

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