Delhivery
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Delhivery to exit Bangladesh operations, approves liquidation of Delhivery Bangladesh Logistics
Delhivery Bangladesh, which operates under Delhivery Singapore Pte. Limited, has not contributed to the company's turnover or revenue, and its net worth stood at (-₹31.94 lakh) as of December 31, 2024.
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.
Equirus initiates Long call on Delhivery shares, expects 17% upside in stock
Equirus has initiated a ‘Long’ rating on Delhivery with a target price of ₹459, highlighting the company’s strong growth prospects and market leadership in the logistics space.
Delhivery rolls out fully women-led hub in Rajasthan to promote women empowerment
Logistics service provider Delhivery has rolled out a 100% women-led hub in Sikar, Rajasthan. The entire operations of this Sikar hub will be managed by an all-female staff.
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.
Delhivery undergoes huge block deal worth Rs. 709.5 crore as CA Swift Investments exits
CA Swift Investments sold its entire stake in Delhivery worth Rs 709.5 crore and exited from the stake ownership. There were a total of 34 buyers the majority of them being foreign investors.
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.
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