Delhivery posted a loss of Rs 68.5 crore in the Q4

(20 second reading) Delhivery posted a loss of Rs 68.5 crore in the quarter ended 31 March, 2024, down 57 per cent on a YoY basis from a loss of Rs 159 crore in the corresponding period last year.
Revenue from operations increased 12 per cent YoY to Rs 2,076 crore in the Q4 FY24, compared with Rs 1,860 crore in the corresponding period of the previous year.
For the entire financial year 2023-23, revenue from services stood at Rs 8,142 crore, a growth of 13 per cent from Rs 7,224 crore recorded in FY23. Similarly, loss after tax narrowed to Rs 249 crore in FY24 from Rs 1,008 Cr in FY23.