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Delhivery's Q4 revenue falls 10%, loss widens to ₹159 crore
short by Ananya Goyal / on Saturday, 20 May, 2023
Gurugram-based logistics company Delhivery said its March-quarter revenue fell 10% to ₹1,860 crore from the year earlier and its net loss widened to ₹159 crore from ₹119 crore. Meanwhile, for the first time since listing, its adjusted EBITDA turned positive to ₹6 crore in Q4 FY23, compared to ₹67 crore loss in Q3 FY23.
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