New-age logistics company Delhivery reported a 30% year-on-year jump in operating revenue for the January-March quarter to Rs 2,849 crore, even as its net profit remained flat at Rs 72 crore, according to a regulatory filing.
Delhivery’s revenue growth was driven by its express parcel business — the company’s largest vertical — which posted a 72% increase in volumes during the quarter to 306 million shipments, despite volumes typically moderating after the festive-season peak in the third quarter.
