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The festive season and end-of-year sale season in December attract higher volumes not just from platforms such as Amazon, and Flipkart, but also from brands that have an omni channel presence, the management said in the Q2FY24 earnings call.
In the quarter, Delhivery also announced that it will be increasing its stake in Falcon Autotech. The Gurugram-based company will also be rejigging its top deck.
The logistics firms shares closed at Rs 402.25 per share on the Bombay Stock Exchange (BSE) on November 3, 17 per cent lower than the IPO price of Rs 487 per share. The logistics unicorn went public in May 2022.
New Delhi, Nov 4 (IANS) Logistics services provider Delhivery's net loss in the September quarter of the current financial year was more than halved to Rs 103
Logistics services provider Delhivery's net loss in the September quarter of the current financial year was more than halved to Rs 103 crore, while revenue increased by 8 per cent to Rs 1,942 crore, despite higher inflation and fund crunch, the ...