Delhivery, a leading logistics company, reported a consolidated net profit of INR 10.2 crore in the September quarter of FY25, marking its second consecutive profitable quarter. This significant turnaround comes after the company posted a loss of INR 102.9 crore in the same quarter last year.
Delhivery registers 13% rise of revenue from services
Notably, the e-commerce company’s revenue from services jumped 13% to INR 2,189.7 crore, driven by healthy growth in express parcel (7% YoY) and part truckload (27% YoY) revenue. Total revenue, including other income, rose 8.1% to INR 2,309.3 crore.
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Meanwhile, the company also reported an EBITDA of INR 57 crore, a significant improvement from the INR 16 crore loss in Q2 FY24. Managing Director and CEO Sahil Barua stated, “The stable volume performance during Q2 FY25, along with the planned seasonal capacity additions we undertook towards the end of the quarter, set us up well for the festive season.”
Daily volume is 25% higher than pre-festive time – CEO Delhivery
Further, Barua added, “We saw a significant increase in Express volumes in October, with daily average volumes being about 25% higher than the pre-festive sale period.” This growth momentum is expected to continue, driven by the company’s expanded capacity and strategic initiatives.
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As the logistics industry continues to evolve, Delhivery’s focus on efficiency and customer satisfaction will likely remain key drivers of its success.
