Delhivery's consolidated Q1FY24 loss reduces to Rs. 89.48 crores

Delhivery Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 2031.103 crores during the period ended June 30, 2023 as compared to Rs. 1934.219 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. -89.480 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -158.674 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. -1.23 for the period ended June 30, 2023 as compared to Rs. -2.14 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 2031.103 crs	₹1934.219 crs	5.01%
Net Profit	₹-89.480 crs	₹-158.674 crs	43.61%
EPS	₹-1.23	₹-2.14	42.52%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 2031.103 crores during the period ended June 30, 2023 as compared to Rs.1794.537 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.-89.480 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.-399.340 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.-1.23 for the period ended June 30, 2023 as compared to Rs.-5.87 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 2031.103 crs	₹1794.537 crs	13.18%
Net Profit	₹-89.480 crs	₹-399.340 crs	77.59%
EPS	₹-1.23	₹-5.87	79.05%

Shares of Delhivery Limited was last trading in BSE at Rs. 421.50 as compared to the previous close of Rs. 397.90. The total number of shares traded during the day was 91422 in over 2826 trades.

The stock hit an intraday high of Rs. 423.95 and intraday low of 396.10. The net turnover during the day was Rs. 38118040.00.

Source : Equity Bulls

Keywords

Delhivery Q1FY24 ResultUpdate