New-age logistics company Delhivery on Wednesday launched intracity delivery services for its customers in Bengaluru after the city witnessed heavy rains and flooding in the past few days.
Customers can get access to Delhivery’s new offering on its app under the ‘Local Delivery’ section and avail of up to a 50% discount on their first order.
This development comes a few months after the logistics company entered the fast delivery segment. In January, it launched its intracity quick delivery service called Rapid Commerce for businesses, as demand for fast delivery is rising. Under this, the company offers shared warehouses to direct-to-consumer (D2C) brands with a two-hour delivery window.
The rapid delivery service for businesses was also first introduced in Bengaluru and then expanded to Hyderabad and Chennai.
Last week, Delhivery announced its January-March quarter results for the financial year ending in March 2025. The operating revenue rose 5% to Rs 2,191 crore, missing analyst estimates of 10-12% business growth. However, its net profit rose to Rs 72 crore in Q4 of FY25 as against the Rs 68 crore net loss reported in the year-ago period.
The profitability of its supply chain services was affected in the fourth quarter as it entered the rapid delivery segment in January. The margins for Delhivery’s supply chain services fell to 2.2% for FY25 from 6.8% reported in FY24.
Customers can get access to Delhivery’s new offering on its app under the ‘Local Delivery’ section and avail of up to a 50% discount on their first order.
This development comes a few months after the logistics company entered the fast delivery segment. In January, it launched its intracity quick delivery service called Rapid Commerce for businesses, as demand for fast delivery is rising. Under this, the company offers shared warehouses to direct-to-consumer (D2C) brands with a two-hour delivery window.
The rapid delivery service for businesses was also first introduced in Bengaluru and then expanded to Hyderabad and Chennai.
Last week, Delhivery announced its January-March quarter results for the financial year ending in March 2025. The operating revenue rose 5% to Rs 2,191 crore, missing analyst estimates of 10-12% business growth. However, its net profit rose to Rs 72 crore in Q4 of FY25 as against the Rs 68 crore net loss reported in the year-ago period.
The profitability of its supply chain services was affected in the fourth quarter as it entered the rapid delivery segment in January. The margins for Delhivery’s supply chain services fell to 2.2% for FY25 from 6.8% reported in FY24.
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