Logistics Startup Delhivery Registers Rs 52 Cr PAT in Q1 FY25

Neha KamathAugust 3, 2024

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Three points you will get to know in this article:

Delhivery recorded Rs 54 crore PAT for June quarter compared to Rs 89 crore loss, last year.
Revenue from services increased by 13% YoY to Rs 2,172 crore, up from Rs 1,930.
Delhivery’s shares closed Friday at Rs 416.10, up 2.07% from the previous close of Rs 407.65 on the BSE.

Delhivery Climbs to Profitability with Strong Q1FY25 Financial Numbers

Delhivery, a logistics services company, declared a profit of Rs 54 crore for the June 2024 quarter compared to a YoY loss of Rs 89 crore. On Friday, the earnings were disclosed after market hours. In Q1FY25, revenue from services increased by 13% to Rs 2,172 crore, up from Rs 1,930 crore in Q1FY24.

Delhivery is turning things around. In the quarter that ended in June 2025, the company recorded noteworthy earnings, surpassing Rs 2,100 crore in the same period (Q1 FY25).

In Q1 FY25, Delhivery’s operating revenue increased by 4.6% to Rs 2,172 crore from Rs 2,076 crore in Q4 FY24, as reported in the company’s unaudited consolidated quarterly report that was submitted to the NCSE.

Delhivery’s main sources of income were logistics services, including as warehousing, last-mile logistics, and developing and implementing logistics management systems. The Gurugram-based business increased its total revenue to Rs 2,282 crore in Q1 FY25 from Rs 2,195 crore in Q4 FY24 by adding an additional Rs 110 crore from financial sources.

Has Delhivery Made Any Progress In Terms of Costs & Expenditures?

For Delhivery, a logistics company, freight and handling accounted for 71% of total expenses. Due to size, this cost increased from Rs 1,519 crore in Q4 FY24 to Rs 1,579 crore in Q1 FY25, a 4% increase.

With the firm spending on employee perks, advertising, finance, legal, and other costs, the total expenditure in Q1 FY25 was Rs 2,223 crore, as opposed to Q4 FY24’s Rs 2257 crore.

With profits of Rs 52 crore in Q1 FY24 compared to a loss of Rs 68 crore in Q4 FY24, Delhivery was able to generate a profit thanks to its ongoing development in size and overall cost reduction. In Q1 FY25, the company’s unit cost was Rs 1.02 for every rupee earned.

Additionally, as per a different statement filed by Delhivery through NSE, the company has given 1,66,122 employee stock options under its current ESOP Plan 2012, bringing its overall ESOP pool to 1.73 million.

How Did Delhivery’s Stock Reacted to The Financial Results?

supply chain solutions, cross-border express, freight services, and supply chain software are just a few of the logistics services that Delhivery offers.

The Delhivery stock closed Friday at Rs 416.10, up 2.07% from the previous closing on the BSE of Rs 407.65. The company’s market value increased to Rs 30,758 crore, or $3.6 billion.