Delhivery, India’s largest fully integrated logistics provider, reported a consolidated net loss of ₹50.37 crore for the second quarter of fiscal year 2025-26, reversing a profit of ₹10.2 crore reported in the same period last year. The decline in the bottom line was primarily attributed to one-time integration costs related to the company's recent acquisition of Ecom Express.

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Delhivery reports loss of ₹50 crore in Q2, due to Ecom Express integration
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Delhivery reports loss of ₹50 crore in Q2, due to Ecom Express integration

The decline was primarily attributed to one-time integration costs related to the company\s acquisition of Ecom Express.

Mahindra Logistics on 27 October reported a net loss of ₹10.35 crore, compared to a net loss of ₹10.75 crore during the quarter ended September 2024 down by 3%.

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Mahindra Logistics Q2 net loss narrows to ₹10.35 cr, revenue up by 11%
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Mahindra Logistics Q2 net loss narrows to ₹10.35 cr, revenue up by 11%

EBITDA saw a 29% jump to ₹85 crore from ₹66 crore in the corresponding quarter of the previous fiscal.

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