Delhivery Limited — Updates, 07-02-2025: Press Release

Delhivery reported strong financial performance for the quarter and nine months ending December 31, 2024. Revenue from services stood at ₹2,378 Cr, reflecting an 8% year-over-year growth. Profit after tax surged 114% to ₹25 Cr, marking the third consecutive profitable quarter. The Express Parcel segment experienced a 3% increase in revenue to ₹1,488 Cr, while shipments grew 2% to 206 million. The Part Truckload division reported a significant 22% rise in revenue to ₹462 Cr with volumes climbing 17% to 412K MT. Supply Chain Services revenue rose by 29% to ₹222 Cr, driven by new client acquisitions and business expansions. The Truckload service segment increased 5% to ₹160 Cr, and cross-border services saw a 12% boost to ₹43 Cr. Management highlighted continued profitability amidst industry challenges and a strategic focus on enhancing competitive positioning. This performance presents a positive outlook as Delhivery strengthens its logistics network across India.