Delhivery Q3 Results: Date, Time, Earnings Conference Call Details And More

Logistics service provider Delhivery Ltd. is slated to announce its Q3 results this week. The company which went public with the launch of its initial public offering in 2022 is India's largest fully integrated logistics provider. 

Incorporated in 2011, Delhivery has a presence in every state in India, offering services in more than 86,000 pin codes. With a total market capitalisation valued at nearly Rs 24,500 crore, the company has a team of more than 57,000 persons.

Here's everything you need to know about the upcoming Delhivery Q3 results. 

In an exchange filing dated Jan. 31, Delhivery said that it will release its financial statements for the quarter and nine months ending on December 31, 2024, on Feb. 7 following a meeting of its board of directors. 

"We hereby inform you that a meeting of the Board of Directors of Delhivery Limited (“Company”) is scheduled to be held on Friday, February 07, 2025, to, inter alia, consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company, for the quarter and nine months ended December 31, 2024," the company said. 

The trading window for dealing in the securities of the company shall remain closed for designated persons and their immediate relatives till 48 hours after the declaration of Q3 financial results. The trading window will open on Feb. 10.

Delhivery has also scheduled an investors/analysts conference call at 6 p.m. on Feb. 7 to discuss its financial performances in the December 2024 quarter. 

Shares of Delhivery Ltd. have gained over 2.8% over the past five trading sessions on the NSE. In contrast, the stock has fallen 2.3% in the last month while dipping nearly 19% in the past six months. Over a year, the share price of Delhivery Ltd. has stumbled sharply by more than 27% on the NSE.

Delhivery witnessed a subdued financial performance in the second quarter of the ongoing financial year. The company's net profit nosedived 81% to Rs 10.2 crore in Q2 in comparison to Rs 54.4 crore in the year-ago period. Revenues remained nearly flat, rising just 0.8% year-on-year to Rs 2,189.7 crore for Q2 versus Rs 2,172.3 crore in the corresponding quarter of last fiscal. Margins narrowed 190 basis points to 2.6% against 4.5% in Q2 of FY24.

Ebitda plunged 41% to Rs 57.3 crore versus Rs 97.1 crore.