Delhivery Ltd - 543529 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation of Issuance & Allotment of 1,13,136 Equity shares upon exercise of stock options under Delhivery Stock Option Plans07-11-2023
07-11-2023
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Delhivery Ltd.
Transporation-Logistics company Delhivery announced Q2FY24 & H1FY24 results: Financial Performance: - Delhivery reported revenue from services of Rs 1,942 crore in Q2FY24, up 8% YoY. - Adjusted EBITDA loss reduced by 90% YoY to Rs 13 crore in Q2FY24. - Loss after Tax narrowed by 59% on YoY basis to Rs 103 crore in Q2FY24. Parcel and Truckload Services: - Express Parcel shipment volumes grew 12% YoY to 181 million in Q2FY24. - Revenue from Express Parcel services grew 8% YoY to Rs 1,210 crores in Q2FY24. - Part Truckload volumes grew 22% YoY to 348K tons in Q2FY24. - Revenue from Part Truckload services grew 28% YoY to Rs 373 crore in Q2FY24. - Truckload business saw a robust YoY and QoQ revenue growth of 46% and 15%, respectively. Operational Highlights: - Receivables reduced by ~12 days in H1FY24. - Service quality remained robust throughout H1FY24. - Network utilization remained stable while expanding capacity in Q2. - October Express volumes of 70M+ and daily PTL volumes touching 4,700-5,000MT levels. Leadership Appointments: - Suraj Saharan, co-founder of Delhivery, will become the Chief People Officer, effective January 15, 2024. - Varun Bakshi will become the Head of Business Development, Part Truckload Freight business, effective January 09, 2024. - Vivek Pabari, SVP of Corporate Finance, will also take up additional responsibilities of Investor Relations & Treasury. “We are pleased with H1 operating and financial performance, in particular, the reduction in receivables by ~12 days, ahead of our Q1 guidance. Service quality remained robust throughout H1 and network utilization remained stable even as we expanded capacity in Q2, setting us up well for H2. H2 has begun as per our expectations, with October Express volumes of 70M+ and daily PTL volumes beginning to touch 4,700-5,000MT levels. Volume levels at our mega-facilities have also been consistently high and our Tauru gateway recorded throughput beyond our original design expectations, which bodes well for our newer automated gateways at Bhiwandi and Bangalore”, said Sahil Barua, MD & CEO of Delhivery. Result PDF07-11-2023
Buy Delhivery; target of Rs 490: Emkay Global Financial
Emkay Global Financial is bullish on Delhivery has recommended buy rating on the stock with a target price of Rs 490 in its research report dated November 05, 2023.06-11-2023
Delhivery Ltd - 543529 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Delhivery Limited has informed the exchange about the publication of unaudited financial results for the quarter and half year ended September 30, 202305-11-2023
Delhivery Ltd - 543529 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In furtherance to our earlier communication dated October 28, 2023, please find below the link of the audio/video recording of the Earnings Conference Call held on Saturday, November 04, 2023, at 05:00 P.M. (IST) on the performance of Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2023. Link to access earnings conference call recording: https://youtu.be/olHKBZfx1dg The same is also being uploaded on the website of the Company at www.delhivery.com05-11-2023
Delhivery narrows losses by 59 per cent in Q2FY24
Revenue from services rose 8% to 1,942 crore04-11-2023
Delhivery Ltd - 543529 - Statement Of Deviation/ Variation In Utilization Of Funds Through Initial Public Offer ('IPO') For The Quarter Ended September 30, 2023
Statement of Deviation/ Variation in utilization of funds through Initial Public Offer ("IPO") for the quarter ended September 30, 2023.04-11-2023
Delhivery Ltd - 543529 - Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
Revised Press Release on Unaudited Standalone and Consolidated Financial Results for the quarters and half year ended September 30, 2023.04-11-2023
Delhivery Ltd - 543529 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report for the quarter ended September 30, 2023.04-11-2023
Delhivery Ltd - 543529 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Unaudited standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2023.04-11-2023