Delhivery Q1 net profit plunges 65 pc in FY27

Delhivery is a company that moves packages and goods from one place to another, which is called a logistics company.

The company announced how much money it made in the first three months of its new financial year.

Its profit dropped a lot, by about 65 percent.

That means it earned Rs 32 crore this time, compared with Rs 91 crore last year.

But the company actually brought in more money from its business, about 28 percent more.

The problem was that it also had to spend much more money, about 29 percent more.

It paid for extra workers and extra network capacity because elections, weather problems and world troubles made finding workers hard.

Even though profit fell, the company got better at making money from each rupee of sales.