Delhivery Q1 FY23 Results Key Highlights
- Q1 Consolidated Revenue up 26% and Net Loss widen 3 times YoY
- In Q1 adjusted EBITDA Margins were negative -12.5%, were 3.9% in last quarter
- Key Highlights
- Key Operating metrics
- Completed operational (network and infra) integration into Spoton
- Expanded total Infra to 18.89M sq.ft.
- Automated mega gateway at Tauru (Haryana) made fully operational
- Launched guaranteed same day delivery (SDD) service for D2C e-commerce customers
- Onboarding 500+ new customers in Express Parcel
- 2 US patents awarded – ADDfix in May 2022 and UAID (Unique Address Identification) system in July 2022
- ESOP expenses in this quarter Rs.70 Cr from Rs.90 Cr QoQ
- Gained Market share on YoY as well as QoQ basis
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