Supply Chain Services revenue grew by a robust 29% YoY to Rs. 222 Cr in Q3 FY25 from Rs. 173 Cr in Q3 FY24 on the back of new client additions and expansion in business with existing clients.
FinTech BizNews Service
Mumbai, February 8, 2025: Delhivery Limited (NSE: DELHIVERY, BOM: 543529) reported Revenue from services of Rs. 2,378 Cr in Q3 FY25, a growth of 8% YoY vs Rs. 2,194 Cr in Q3 FY24. EBITDA reduced marginally YoY to Rs. 102 Cr in Q3 FY25 from Rs. 109 Cr in Q3 FY24. Profit after tax grew 114% YoY to Rs. 25 Cr in Q3 FY25 from Rs. 12 Cr in Q3 FY24 making it the third consecutive profitable quarter for the Company.
Express Parcel revenue grew 3% YoY to Rs. 1,488 Cr in Q3 FY25 from Rs. 1,448 Cr in Q3 FY24. Express Parcel shipments grew 2% YoY to 206 million in Q3 FY25 from 201 million in Q3 FY24. Part Truckload revenue grew 22% YoY to Rs. 462 Cr in Q3 FY25 from Rs. 379 Cr in Q3 FY24. Part Truckload volumes saw a robust volume growth of 17% YoY to 412K MT in Q3 FY25 from 354K MT in Q3 FY24.
Supply Chain Services revenue grew by a robust 29% YoY to Rs. 222 Cr in Q3 FY25 from Rs. 173 Cr in Q3 FY24 on the back of new client additions and expansion in business with existing clients. Truckload service revenue grew 5% YoY to Rs. 160 Cr in Q3 FY25 from Rs. 153 Cr in Q3 FY24. Cross Border services revenue grew 12% YoY to Rs. 43 Cr in Q3 FY25 from Rs. 39 Cr in Q3 FY24.
“Profitability continued in Q3 despite broader industry headwinds and December has been our highest volume month in PTL thus far post integration of Spoton, which has continued into January as well. On the back of growing revenues, rising profitability and a high quality network, we continue to strengthen our competitive position in the industry.”, said Sahil Barua, MD & Chief Executive Officer.
