Delhivery's Financial Turnaround

In a remarkable financial turnaround, Delhivery reported its first full-year net profit in the financial year ended March 2025. This achievement was significantly bolstered by its part-truckload (PTL) business and enhanced operational efficiencies.

Strategic Acquisition and Volume Growth

The logistics giant highlighted the early benefits of its proposed acquisition of Ecom Express, noting an increase in daily volumes due to customer movement and network synergy. Founder and CEO Sahil Barua expressed optimism about the company's position entering FY26.

Financial Highlights

Delhivery's net profit for FY25 stood at Rs 162 crore, a significant improvement from a loss of Rs 249 crore in FY24. The company also saw a 10% year-on-year increase in full-year revenue from services, reaching Rs 8,932 crore.

Operational Efficiency and Future Outlook

Barua pointed to improved yield management and fleet utilization as key factors behind the profitability. With capex intensity dropping and a strong cash position, Delhivery is poised for further growth, expecting to retain about 30% of Ecom Express’s volumes post-acquisition.