Delhivery logs first full-year profit in FY25
BENGALURU: Delhivery reported its first full-year net profit in the 2024-25 financial year, buoyed by continued gains in its part-truckload (PTL) business and improving operational efficiencies. The logistics company also said early customer movement and network synergy from its proposed acquisition of Ecom Express began reflecting in higher daily volumes.
Its net profit for FY25 was Rs 162 crore, compared to a loss of Rs 249 crore in the year-ago period. This included a March quarter profit of Rs 73 crore, the highest quarterly profit after tax in the company’s history, marking four straight profitable quarters. Full-year revenue from services rose 10% year-on-year to Rs 8,932 crore, while Q4 revenue stood at Rs 2,192 crore.
Founder and CEO Sahil Barua said the profit swing reflected ongoing pricing and efficiency interventions.
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Founder and CEO Sahil Barua said the profit swing reflected ongoing pricing and efficiency interventions.
Stay informed with the latest business news, updates on bank holidays and public holidays.
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