However, it reported ₹2,559.3 crore in revenue from operations for the quarter ended September 30, up 17% on a year-on-year basis from ₹2,189.7 crore in the same quarter last year.
Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 19.2% from last year to ₹68.2 crore, while EBITDA margin increased by 10 basis points to 2.7% from 2.6% a year earlier.
Delhivery saw high shipping demands during the festive season and served a record 19,100 clients in a single day in September, the company said in an exchange filing on October 3. It shipped goods worth ₹19,500 crore in September and processed more than 104.4 million ecommerce and freight shipments in the month.
Shares of Delhivery closed at ₹484.85 apiece on Tuesday, November 4, up 2.67% from the day’s opening. The stock is likely to react to Q2 performance on Thursday, November 5. However, the stock remains below its IPO price of ₹487.
