Delhivery back in red for Q4; CEO Sahil Barua flags softness in online consumption
By
CS Mathew
Logistics firm Delhivery slipped back into the red in the March quarter with a net loss of Rs 68 crore. Cofounder and chief executive Sahil Barua cited “softness in online consumption” as a reason for the weak financial result, which came immediately after the company’s first quarter of profit.