News > Delhivery turns profitable in Q3FY24; reports 20% YoY revenue growth to Rs 2,194 crore

Delhivery turns profitable in Q3FY24; reports 20% YoY revenue growth to Rs 2,194 crore

Indian logistics company Delhivery reported a Profit After Tax (PAT) of Rs 12 crore, a notable turnaround from a loss of Rs 196 crore in the same quarter of the previous year. Delhivery said it witnessed robust growth in its Express Parcel and Part Truckload (PTL) segments. Express Parcel shipments grew by 18% year-on-year, with volumes reaching 201 million in Q3 FY24. This segment's revenue saw a 21% increase to Rs. 1,448 crore.