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



Delhivery Investor Presentation

Delhivery Concall Recording