India's Delhivery on track for worst day in seven months on Q2 loss

Delhivery

06/11/2025 06:02

** Shares of courier services provider Delhivery DELH.NS fall 7% to 451 rupees, on course for worst session since April 8

** Co posts consol net loss of 503.8 million rupees ($5.73 million) vs profit a year ago

** Jefferies says EBITDA was below estimates due to weak  Express Parcel and Part Truck Load margins

** Adds Express Parcel organic volume growth was weak

** Stock rated "buy" on avg by 23 analysts covering it; median PT at 500 rupees - data compiled by LSEG

** YTD, DELH up 30%

($1 = 87.8950 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))