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VERIFIEDET Stocks·negative
Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%
AI Summary
- ·Delhivery's Q1 FY27 net profit decreased by 65% year-on-year to Rs 31.9 crore.
- ·Revenue for the quarter increased by 28% to Rs 2,930.7 crore.
- ·EBITDA saw a 4% decline due to increased labor, fuel, and operating expenses.