Latest news with #ETTech
Fashion Network
19-05-2025
- Business
- Fashion Network
Delhivery's net profit rises to Rs 72 crore in FY25 Q4
Gurgaon-based logistics business Delhivery saw its operating revenue increase to Rs 2,191 crore and its net profit rise to Rs 72 crore in the fourth quarter of the 2025 financial year. "We continue to deliver steady performance in our core transportation businesses," said Delhivery's CEO and co-founder Sahil Barua, ET Tech reported. "Our ongoing measures to improve profitability are visible in Q4 numbers and we expect continued momentum on this front as growth picks up in FY26." The business operating revenue increase was 5% compared to the fourth quarter of the 2024 fiscal year, the Economic Times reported. Delhivery's profit also represented positive growth compared to its net loss of Rs 68 crore during the fourth quarter of the 2024 financial year. Prioritising growth ahead of general market expansion, Delhivery's largest vertical remains its express parcel segment which saw 1% year on year volume growth in the past quarter. The business' total operating revenue for the 2025 financial year was at Rs 8,932 crore, representing a year on year increase of 9.7%. Following a net loss of Rs 249 crore in the 2024 financial year, Delhivery reported a net profit of Rs 162 crore for the full 2025 financial year.
Fashion Network
16-05-2025
- Business
- Fashion Network
Zepto debuts AI enabled 'Zepto Atom'
Quick commerce business Zepto has forayed into subscription-based analytics and launched 'Zepto Atom' on May 16. By using 'Zepto GPT' and natural language processing features, Zepto Atom aims to boost performance for partner brands by providing proprietary data through an AI assistant. "The answer to 'what is our market share in this pincode' will now be on your home-screen," announced Zepto's co-founder Kaivalya V on Linkedin. "Launching Zepto Atom, a first of its kind brand portal from Zepto with real-time updates on your brand's health and Zepto GPT... Extremely proud of the team that's gone from idea to go live in the last three weeks." Zepto Atom is designed to build upon the existing Zepto portal. Brands can subscribe to Zepto Atom in order to receive detailed insights into their operations including consumer behaviour and patterns, customer retention rates, and conversion metrics among others. This also enables predictive analysis, ET Tech reported. The new initiative can be accessed by vendors through a dedicated mobile app names 'Zepto Brand Hub.' At the time of its launch, brands including Ferns & Petals, My Muse, and Superyou have already signed up. Along with hyperlocal targeting through Pin codes, Zepto Atom also tracks live data for real time insights.
