New Delhi, May 19 -- Shares of Delhivery surged more than 9 percent in intra-day trade on Monday, May 19, after the company reported a turnaround in its March quarter (Q4FY25) earnings, with a positive net profit following a string of losses in previous periods. Strong operational efficiency and improving profitability across its core business segments drove the gains.
The logistics major posted a consolidated net profit of Rs.72.56 crore in Q4FY25, a sharp improvement from a net loss of Rs.68.47 crore in the year-ago period. On a sequential basis, net profit nearly tripled from Rs.24.99 crore in Q3FY25, underscoring strong cost discipline and margin expansion.
Revenue from operations for the quarter stood at Rs.2,191.57 crore, register...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.