Delhi’s Q3 earnings: Loss widens to ₹196 cr, revenue falls

Logistics company Delhivery announced its third quarter results today. The company widened its consolidated loss for the quarter ending December 31, 2022 195.7 crore in Q3 FY2023 as compared to Rs. 126.5 crore during the same period last year.

total income was also less 1,918 crore for Q3 of FY23 vs. 2,019 crore a year ago. Meanwhile, revenue from contracts with customers also declined by about 8%. 1,823 crores.

comes per equity loss 2.65.

The company also informed in a regulatory filing, Kalpana Jaisingh Morparia has resigned from the office of Non-Executive Independent Director of the company with effect from February 11, 2023.

Delhivery closed at Rs. 315.75, down 2.00, or 0.63%, before the earnings announcement. Share touched intraday high 320 and an intraday low 303 on February 10.


Know your inner investor
Do you have guts of steel or are you a victim of insomnia regarding your investments? Let’s define your investment approach.

test

catch all business News, market news, today’s fresh news events and Breaking News Update on Live Mint. download mint news app To get daily market updates.

More
Less