Delhivery posts first-ever profit in Q3 on back of festive season demand

Logistics firm Delhivery Ltd posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season. Consolidated profit for the three months ended Dec. 31 was Rs 12 crore compared with a loss of Rs 196 crore a year earlier, the company said in an exchange filing.