#LONG on DELHIVERY for Long term: Breakout from triangle pattern

Delhivery will be a beneficiary of PM Gati Shakti National Master Plan (Capacity Building in Logistics Sector).

  1. delivered highest ever Operating Profit of 109 Cr in Q3 FY24.
  2. The company turned profitable with a positive profit of Rs.12 Cr against loss of 73 Cr in same qtr last year.
  3. ~50% incremental gross profit in transport business
  4. Revenue grew 13% QoQ and 20% YoY to 2194 cr.
    --Express Parcel Shipments grew 18% YoY
    --Park Truckload freight tonnage grew 37% YoY
    --51% growth in Truckload Service revenue.
  5. During the quarter under review, the company operationalised its largest trucking terminal near Bhiwandi in Maharashtra(196 docking stations with capacity of 1600 vehicles daily)


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