Gurugram-based logistics major Delhivery Ltd has reported a net loss of INR 51 crore for the second quarter (Q2) of FY2025, slipping back into the red after a profitable run in the previous quarter. The reversal in performance comes amid a challenging logistics environment, rising operational expenses, and sluggish demand in parts of the e-commerce ecosystem.
The company had posted a profit of INR 11 crore in Q1 FY2025, marking its first-ever profitable quarter since listing on the stock exchange in May 2022. However, the latest results underline the volatility of India’s logistics sector and the delicate balance between growth and profitability.
