Delhivery Q1 results: Profit falls 65% as margin contracts despite 28% revenue growth

Logistics services provider Delhivery’s net profit declined 65% year-on-year to ₹31.9 crore from ₹91.1 crore, while revenue from operations grew 28% to ₹2,930.7 crore from ₹2,294 crore. company rolls out AI-led logistics initiatives.

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