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Logistics major Delhivery has entered the on-demand transportation and delivery services for both businesses and individuals with a new app, Delhivery Direct.. Under this, Delhivery will offer ...
FedEx Express, a subsidiary of delivery services giant FedEx, is investing $100 million in Indian startup Delhivery as the global firm looks to expand its presence in the South Asian country ...
I n a major consolidation move in the logistics sector, Delhivery on Saturday announced its decision to acquire rival Ecom Express Limited for a consideration not exceeding INR 1,407 crore. The ...
Delhivery’s issue price was 487 Indian rupees, whereas its shares rose to record high of 708.45 Indian rupees in July. The tumble has pushed the market cap of Delhivery to below $3.4 billion, ...
Shares of Delhivery closed 5.7% up on Friday ahead of the results, after a nearly 15% rise during the June-quarter. ($1 = 82.8300 Indian rupees) Reporting by Biplob Kumar Das in Bengaluru; ...
Delhivery has rolled out its on-demand intracity delivery service, Delhivery Direct, in Delhi-NCR and Bengaluru, following a trial run in Ahmedabad. The company confirmed the launch marks its ...
Delhivery’s Sahil Barua said the firm will focus on delivery of items in 2-4 hours. A rise in express parcel shipments underscores the growing demand for faster deliveries in the e-commerce and ...
Delhivery, India's leading logistics player, has shown strong revenue growth. Despite its high EV/Ebitda multiple, recent profitability improvements and stock correction make it one to watch.
The report by HSBC Global Research states that Delhivery’s revenue from express parcel business surpassed Ecom Express’ by 2.2x in FY24, with an overall lead of 3.1x in total revenue.
Delhivery also reported a significant improvement in its service EBITDA margin, which increased to 10.8% in Q4 FY25 from 2.2% a year ago. For the full year, the margin was 5.4%, up from -3.0% in FY24.