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ECOM EXPRESS VOLUMES
Delhivery January-March operating revenue jumps 30%; net profit flat at Rs 72 croreDelhivery's operating revenue surged 30% in the January-March quarter. The express parcel business saw a significant volume increase. Howev...
Delhivery Q4 Results: Net profit flat at Rs 72.4 crore, revenue rises 30% YoYDelhivery reported a marginal 0.2% year-on-year decline in net profit for Q4FY26 to Rs 72.4 crore, despite a 30% revenue jump to Rs 2,850 c...
Delhivery Q1 Results: Net Profit surges 68% YoY to Rs 91 croreDelhivery reported a significant 68.5% year-on-year increase in net profit for the first quarter, reaching ₹91 crore, driven by efficient o...
Ecommerce’s in-house delivery turn flips third-party logistics biz scriptIndia's top ecommerce firms like Amazon, Flipkart, and Meesho are internalising logistics, squeezing third-party logistics (3PL) providers ...
Delhivery anticipates smooth routing of Ecom Express volumes into its network post acquisitionDelhivery will acquire rival Ecom Express for Rs 1,407 crore in what is among the biggest consolidation moves in the sector. The all-cash d...
Delhivery shares slide after Rs 1,407 crore Ecom Express deal. Should you invest?Delhivery shares fell 8% after announcing a Rs 1,407 crore all-cash acquisition of rival Ecom Express—one of India’s biggest logistics cons...
Delhivery to acquire Ecom Express in a cut-price deal for Rs 1,407 crorePE firms Warburg Pincus, Partners Group, and British International Investment will fully exit their investments in Ecom Express through the...
Delhivery accuses Ecom Express of misleading numbers in its draft IPO papersEcom Express filed its draft papers with the capital markets regulator last month for an initial public offering of shares worth nearly Rs ...
Ecom Express sets the ball rolling for Rs 3,000-crore IPOThird-party logistics firm Ecom Express is looking to list on the public markets to raise Rs 3,000 crore, two people aware of the developme...
Ecom Express targets $170 million via rights issueEcom Express plans a $170 million rights issue with existing investors. Revenue grew 20% in FY23 despite widening losses. The company postp...
Ecom Express revenue jumps 30% to cross Rs 2,127 crore, slips back into lossRevenue jumped 30% to Rs 2,127 crore in the 12-month period ended March 31. Expenses grew 40% to Rs 2,269 crore from Rs 1,613 crore in the ...
Why Ecom Express is trailing its rivals in the logistics industry’s game of thronesDespite losing ground, the company insists on focusing solely on third-party ecommerce logistics. Much of its business is concentrated with...
Ecom Express seeks $125-150 mn in private funding as IPO plans stallThe company is working with investment banks JM Financial and Barclays for the fundraising, according to people who know about its pitch to...
Ecom Express to hire 30,000 people as part of seasonal recruitment driveThese seasonal positions have been created across the country with 75 per cent of the total hiring for beyond metros as well as cities incl...
Ecom Express revenue zooms 40% in FY18Ecom Express had registered revenues of Rs 493 crore in FY17, while losses had fallen to 24% to Rs 72 crore.
Private equity investors discover El Dorado in ecommerce backendPrivate equity investors have instead quietly reaped a windfall by backing logistics companies providing back-end support in the ecommerce ...
Ecom Express raises over Rs 100 crore from Peepul CapitalWith 3,000 employees, Ecom Express delivered nearly five million packages last year. This year, the company expects the volume to touch 20 ...