Delhivery officially dissolved its UK-based subsidiary, Delhivery Corp, effective June 10, 2025, as per its recent exchange filing.

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The decision follows a disclosure made in May 2024 regarding the liquidation process of Delhivery Corp.

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Delhivery confirmed that the dissolution of the UK entity would not affect its revenue, as the subsidiary was non-material.

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In a strategic pivot, Delhivery is focusing on domestic growth, including the launch of its drone-based unit, Delhivery Robotics India.

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Delhivery Robotics India will offer drone-as-a-service (DaaS) and remote sensing capabilities, backed by an authorized capital of INR 5 Cr.

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In FY25, Delhivery recorded a net profit of INR 162.1 Cr—its first full-year profitability, reversing a loss of INR 249.2 Cr in FY24.

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Q4 FY25 alone saw a net profit of INR 72.6 Cr, compared to a loss of INR 68.5 Cr in the same quarter of the previous year.

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Operating revenue rose 6% year-on-year in Q4 FY25 to INR 2,191.6 Cr, though it declined 9% sequentially from the previous quarter.

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The company’s EBITDA doubled year-on-year to INR 119 Cr in Q4 FY25, with margins growing from 2.2% to 5.4%.

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Delhivery is also pursuing acquisition-led growth with a planned INR 1,407 Cr controlling stake in Ecom Express, currently awaiting CCI approval.

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