Delhivery Q3 FY25 results: Net profit rises to Rs 40.59 crore, revenue surges 8.6% YoY to Rs 2,378.3 crore
Delhivery allocated ₹136 crore towards upgrading its proprietary logistics operating system as part of its IPO fund utilization plan.
Delhivery Ltd
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Delhivery Q1 results: Net loss reported at Rs 89.4 crore, revenue up 10.5%
From 152 million shipments in Q1 FY23 to 182 million shipments in Q1 FY24, Express Parcel shipment volumes increased by 19% YoY. Despite Q1 typically being a seasonally weak quarter, volumes increased by more than 2 million shipments above Q4 FY23. In line with this, Express Parcel services generated revenue that increased 14% YoY to Rs. 1,202 crores in Q1 FY24 from Rs. 1,051 Cr in Q1 FY23.
Carlyle plans to sell 2.5% stake in Delhivery through block deal
Private equity firm Carlyle aims to offload 1.84 crore shares of logistics giant Delhivery at a minuscule discount.
Delhivery IPO gets fully subscribed amid last minute dash from MFs, FIIs
Delhivery's Rs 5,235 crore was subscribed fully on the final day of bidding on Friday amid a last minute dash from foreign institutional investors and domestic mutual funds, data from exchanges showed.
IPO-bound Delhivery invests in automation platform, Falcon Autotech
With the investment, both the companies will design and implement new automation solutions to Delhivery's transportation and warehousing operations.
Ahead of Delhivery’s IPO, CCI approves FedEx’s minority stake buy in the company
Along with the agreement, FedEx has accepted funding $100 million in Delhivery, one of India’s unicorn startups ready to go public soon.