Delhivery Shares Rise Close to 14% on Q4 Profit

Delhivery Ltd. shares rose sharply on Monday, gaining 13.7% to ₹362.95 on the BSE after its return to profit during the March quarter (Q4 FY25).

Strong Earnings Reversal

The logistics company reported a consolidated net profit of ₹72.5 crore for Q4 FY25, an increase of 5.8% quarter-on-quarter from a loss of ₹68.5 crore during the same quarter last year. Revenue climbed to ₹2,192 crore, up from ₹2,076 crore year on year.

The Part Truck Load (PTL) business reported strong growth with revenue growing 24% YoY to ₹517 crore. The Express Parcel business revenue grew by 3%, driven by a 1% growth in shipping volumes to 17.7 crore parcels.

Delhivery reported a profit of ₹162.1 crore for FY25 in total, a big reversal from a loss of ₹249.1 crore in FY24.

Margins and Efficiency Gains

The group recorded a good uplift in operating profitability, with EBITDA margins increasing to 10.8% in Q4, from 2.2% in Q4 a year ago. Improved margin was achieved due to higher yield, improved fleet utilisation, and operating leverage.

Outlook and Strategy

Management characterized the performance as consistent and consistent with moves to improve profitability. The firm hopes to carry this momentum into FY26 on volume growth through strategic initiatives like foray into rapid commerce, expansion of network, and entry into the unorganised logistics space.

Future profitability would also be boosted by increased network utilization and better pricing power, helped by market share gains and higher operating efficiency.

In a boardroom update, Delhivery appointed Suraj Saharan, Co-Founder and Chief People Officer, as a Whole-time Director with effect from today.

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