Delhivery’s CEO Sahil Barua says the company is largely insulated from changes in crude oil prices through the way its freight contracts are structured. In an interview with NDTV Profit, Barua stated that nearly 100% of the company’s freight contracts include fuel-cost protection. He said this arrangement prevents a sustained impact on operating margins that could otherwise result from elevated fuel costs. Barua’s comments address concerns that higher crude prices can increase logistics operating expenses and pressure profitability. The CEO also frames the company’s approach as a way to manage volatility rather than absorb fuel-related cost increases over the long term. Overall, the reported position is that Delhivery’s contract terms effectively pass through or offset fuel-price movements for most of its freight volume, reducing exposure to margin swings linked to crude oil. The statement is based on Barua’s remarks in the interview and focuses specifically on fuel-cost protection and its implications for long-term margins.