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Delhivery posts Rs 120 crore loss in Q4; should you sell or hold the stock?

For the full financial year ended 2022, the logistic tech company's net loss swelled to Rs 1,011 crore, compared to Rs 415.7 crore in the previous year.

Delhivery
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Harshita Singh New Delhi
Recently listed logistic-giant Delhivery posted a Rs 119.68 crore loss for the fourth quarter of financial year 2021-22 (Q4FY22). This was slightly higher than the loss of Rs 118 crore Delhivery reported in the same period of the last fiscal. 

On the upside, its revenues for the recent quarter doubled from the previous year to Rs 2,072 crore, as against Rs 1,003 crore in Q4FY21. 

For the full financial year ended 2022, the logistic tech company’s net loss swelled to Rs 1,011 crore, compared to Rs 415.7 crore in the previous year. Its revenue, meanwhile, rose 89 per

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First Published: May 31 2022 | 11:34 AM IST

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