Delhivery CEO flags likely near-term revenue, margin volatility

New-age logistics player Delhivery, which posted a surprise maiden net profit of Rs 12 crore for the December quarter, expects volatility in its revenue and margin performance in the near term, cofounder and chief executive Sahil Barua said.
The net profit number that Delhivery reported should not be used to model the company’s performance in the near term, Barua told analysts on an earnings call Saturday, and did not give any guidance on profitability.