India, Jan. 31 -- After plunging into losses in the September quarter, logistics major Delhivery swung back to the black in Q3 FY26. The company reported a net profit of INR 39.6 Cr, up 59% from the INR 24.9 Cr PAT reported in the year-ago period.

The company had reported a loss of INR 50.4 Cr in Q2 FY26.

Revenue from contracts with customers rose 18% to INR 2,804.9 Cr in the period under review, from INR 2,378.2 Cr reported in the same period last year. On a QoQ basis, its revenue increased 10% from INR 2,559.3 Cr in the previous quarter.

Including other income of INR 77.1 Cr, its total income for the period stood at INR 2,882.1 Cr Meanwhile, total expenses increased 15% to INR 2,819.9 Cr, from INR 2,450.9 Cr in the previous quarter....