Delhivery Limited (DELHIVERY) — Financial Results | 7 February 2025(3 announcements)

Delhivery Limited reported a 32% YoY revenue increase to ₹22,042.75 crores for Q3 FY2025, driven by strong logistics demand, though net profit before tax declined 69.9% YoY to ₹380.09 crores due to goodwill amortization. The company confirmed full utilization of IPO funds for strategic growth initiatives with no deviations.

Delhivery reported a consolidated revenue of ₹23,782.98 crores for Q3 FY25, up sharply from ₹7,718.10 crores YoY, though it posted a net loss of ₹22.25 million after tax. The company attributed improved profitability to operational efficiencies and cost controls, with segment reporting limited to Logistics Services. The Board approved the results on February 7, 2025, following auditor confirmation of no material misstatements.

Delhivery reported Q3 FY25 revenue of ₹2,378 crores, up 8.4% YoY, driven by 11.2% QoQ growth in Express Parcel shipments and 12.2% QoQ increase in TL freight revenue. EBITDA margin expanded to 4.3% from 2.6% in Q2 FY25, reflecting cost optimization. PAT reached ₹102 crores with 1.0% margin, up from ₹10 crores in Q2. The company highlighted improving working capital and strong liquidity with net cash of ₹5,488 crores.