Logistics firm Delhivery swung into a net loss of ₹50.3 crore in the second quarter from a profit of ₹10.2 crore in the same period last year, the company reported on Wednesday, November 5.

However, it reported ₹2,559.3 crore in revenue from operations for the quarter ended September 30, up 17% on a year-on-year basis from ₹2,189.7 crore in the same quarter last year.

Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 19.2% from last year to ₹68.2 crore, while EBITDA margin increased by 10 basis points to 2.7% from 2.6% a year earlier.

Delhivery saw high shipping demands during the festive season and served a record 19,100 clients in a single day in September, the company said in an exchange filing on October 3. It shipped goods worth ₹19,500 crore in Sep

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