Delhivery's loss widens by 55% to ₹196 cr in Q3, revenue dips 8%

Logistics and supply chain startup Delhivery's net loss was ₹196 crore in Q3 FY23, a 55% jump from ₹127 crore loss recorded in the same period a year ago. The company's operating revenue in the quarter dipped about 8% year-over-year to ₹1,823.8 crore. Its total expenses in the quarter reduced marginally to ₹2,125.7 crore.