Wednesday, June 25, 2025

Delhivery bags contract to manage distribution of Hindustan Petroleum’s branded lubricants

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Delhivery has partnered with oil marketer Hindustan Petroleum Corporation Ltd (HPCL) to manage its nationwide distribution of branded lubricants. As part of the deal, the company will oversee the nationwide distribution of HPCL’s branded lubricants, termed ‘HP Lubricants’, to multiple stakeholders, Delhivery said in a filing.

Company Value Change %Change

This would involve the movement of millions of Lubricant SKUs across the country, with the help of Delhivery’s robust Part Truck Load (PTL) logistics infrastructure as well as cutting-edge technology solutions underpinned by centralised tracking.

“At HPCL, we are driven by excellence. This collaboration integrates our track-and-trace platform with Delhivery’s logistics solution, delivering a seamless end-to-end system. Together, we’re setting new benchmarks in efficiency and product integrity, ensuring best-in-class service for our stakeholders. We’re excited to partner with Delhivery, a company that shares our commitment to innovation and reliability,” said the Executive Director of the ‘Lubes’ segment at HPCL, Ch Srinivas.

Through the said partnership, Hindustan Petroleum expects to witness a quantum jump in its supply chain operational excellence.Also Read: ACC Q3 results: Net profit doubles and revenue rises 20% in Dec quarter

Suraj Saharan, co-founder of Delhivery, in a release on January 27 stated the importance of securing the partnership deal with Hindustan Petroleum Corporation. He highlighted that securing the said mandate highlights Delhivery’s capability to deliver efficient enterprise-grade outcomes and handle large-volume logistics with precision.

“Securing this mandate highlights Delhivery’s capability to deliver efficient enterprise-grade outcomes and handle large-volume logistics with precision. We are committed to delivering seamless solutions that enhance HPCL’s supply chain performance and expand their national reach,” Saharan added.

Delhivery is India’s largest fully integrated logistics services provider. It has a strong network pan-India, covering more than 18,700 pin codes.

Shares of the logistics services providing major, however, traded 3% lower at ₹312.9 per piece in the afternoon session at 2:10 pm on Monday. HPCL stocks were also in the red, down by 1.89% at ₹346.05 a piece on the BSE.

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