Delhivery Q1FY24 Results: Consolidated Loss Drops to Rs. 89.48 Cr

Delhivery Q1FY24 Results: Consolidated Loss Drops to Rs. 89.48 Cr

Delhivery Q1 results show revenue up from 1934.219 crores to 2031.103 crores, a 5.01% increase in growth. EPS rise from ₹-2.14 to ₹-1.23, up by 42.52%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Delhivery shared its Q1 results on Friday. They earned 2031.103 crores in revenue this quarter, but that’s more than the 1934.219 crores they made last quarter. The company’s growth increased by 5.01 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -89.480 crores, up from -158.674 crores in the previous quarter. Their quarter-to-quarter growth increased by 43.61 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-1.23, which is an increase of 42.52% from the ₹-2.14 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 2031.103 crores this year (2023), which is 13.18 percent higher than last year’s total revenue of 1794.537 crores.

This year’s PAT (Profit After Tax) is -89.480 crores, which is also 77.59% higher than last year’s PAT of -399.340 crores.

The EPS (Earnings Per Share) for this year is ₹-1.23, which is 79.05% more than the EPS of ₹-5.87 earned last year.

Also Read: Britannia Q1FY24 Results: Consolidated PAT Drops to Rs. 457.55 Cr

Delhivery Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Delhivery:

Delhivery Limited specializes in providing logistics solutions to e-commerce companies. The company’s comprehensive range of services includes last-mile delivery, payment collection and processing, third-party and transit warehousing, vendor-to-customer shipping, technology integration, and tailored solutions for both forward and reverse logistics.

Download the Full PDF of Delhivery Q1 Results: Click Here

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