Now Reading: Delhivery Q1 profit down 65%, ABFRL loss Rs 215 crore
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Delhivery Q1 profit down 65%, ABFRL loss Rs 215 crore
NDTV Profit reports that Delhivery’s profit dropped 65% in the June quarter and Aditya Birla Fashion and Retail (ABFRL) posted a net loss of Rs 215 crore. Ceigall India saw its bottom…
The Story in Brief
NDTV Profit reports that Delhivery’s profit dropped 65% in the June quarter and Aditya Birla Fashion and Retail (ABFRL) posted a net loss of Rs 215 crore. Ceigall India saw its bottom line improve. These are among the first results from over 80 companies that reported earnings on August 8.
The results day followed a preview that listed key metrics to watch: Delhivery’s shipment volumes and EBITDA margins, ABFRL’s brand performance and profitability pace, and PNC Infratech’s order inflows. Investors are tracking demand trends, raw material costs, and global headwinds through management commentary.
The Indian Opinion
Headlines from this earnings day are already feeding two lazy narratives: that corporate India is slumping across the board, and that only select sectors are holding up. Delhivery’s sharp profit drop is real, but Ceigall India’s rise shows the picture is mixed. The real test will come when consumer-facing giants report. Will ABFRL’s loss deepen or mark a trough? That number will settle the debate on demand recovery.
Sources (2): ndtvprofit.com, ndtvprofit.com (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
