Best SEBI Registered RA firm Delhivery Q2 results 2024 on 15 Nov, 2024: profit at ₹10.2Cr, Revenue increased by 12.77% YoY

 Delhivery Q2 results 2024 on 15 Nov, 2024: Revenue increased by 12.77% YoY & profit at ₹10.2Cr



Delhivery Q2 Results 2024 on 15 Nov, 2024
Delhivery Q2 Results 2024 on 15 Nov, 2024
Delhivery Q2 Results 2024:Delhivery declared their Q2 results on 14 Nov, 2024, showcasing a topline increase of 12.77% year-on-year. The company reported a profit of ₹10.2 crore, a significant turnaround from the loss of ₹102.94 crore recorded during the same period last fiscal year.

In comparison to the previous quarter, Delhivery's revenue grew by 0.8%. The results indicate a positive trend in the company's performance despite the challenges faced in the logistics sector.

However, selling, general, and administrative expenses rose by 4.94% quarter-on-quarter, while they decreased by 4.74% year-on-year. This indicates a cautious approach to managing costs in an evolving market environment.

The operating income saw a decline of 169.13% quarter-on-quarter but an increase of 60.39% year-on-year, signaling volatility in the company's operational efficiency.


Earnings per share (EPS) for Q2 were reported at ₹0.13, representing a remarkable increase of 109.29% year-on-year, reflecting improved profitability and shareholder value.

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