Indian logistics firm Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season.
Consolidated profit ..
Indian logistics firm Delhivery posted its first-ever quarterly profit since listing on Friday, helped by healthy demand for online shopping during the festive season..
Delhivery Posts Its First ever Quarterly Profit Of Rs 11 Cr In Q3 Since Listing - BW Businessworld businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
There are conflicting views on Delhivery.
The logistics player s results for the July-September quarter (Q2FY24) are being interpreted as good by some analysts and disappointing by others.
As India s largest listed logistics player, the company stands to benefit from the formalisation across the mostly unorganised logistics space.
Delhivery provides solutions to 23,113 customers, including e-commerce marketplaces, direct-to-consumer e-tailers, and enterprises across verticals.