Delhivery Q3 Profit Surges 58% on Volume Growth

Delhivery, a big logistics company, just shared its financial results for the last three months of 2024.

They made a lot more profit than last year, almost 58% more!

This is because they moved a lot more packages and got better at managing their costs.

Their revenue also went up by 18%.

One part of their business, which moves big loads of goods, did really well too.

However, they also had to pay more money for employee benefits because of new laws, which cost them about ₹20.86 crore.

After sharing this news, their stock price went up a bit.