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Logistics unicorn Delhivery returned to the black in the first quarter of the financial year 2024-25 (FY25), posting a net profit of INR 54.3 Cr on the back of a robust growth in its part truckload and supply chain services segments

The startup had posted a net loss of INR 89.4 Cr in the June quarter of FY24. It is pertinent to mention that after turning profitable in the third quarter of FY24, Delhivery posted a net loss of INR 69 Cr in Q4 FY24.

Revenue from services grew 13% to INR 2,172 Cr in Q1 FY25 from INR 1,930 Cr in Q1 FY24.

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Delhivery turns profitable Q1 2024 Rs 54 crore profit 13% revenue growth Rs 2 172 crore revenue EBITDA Rs 97 Cr Express Parcel shipments rose 4% logistics services Indian logistics company profit after tax PAT revenue growth financial results