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Revenue increased 8% to Rs 2,378 crore; express parcel revenue was up 3% to Rs 1,488 crore.

Express Parcel shipment volumes grew 19 percent YoY to 182 million in Q1 FY24 from 152 million shipments in Q1 FY23.

Volvo Trucks and Delhivery joined hands together in 2019 when the first FM 4x2 tractor-trailer solution was introduced for express cargo logistics.

Delhivery has reported a loss of Rs 891cr for the nine months ended December 31, 2021 on total income of Rs 4,911cr