Delhivery Q4 results: Profitability continues to build amid tepid growth

New-age logistics company Delhivery reported a tepid growth in the March quarter while continuing its profit expansion.

Financials at a glance

• Operating revenue up 5% year-on-year (YoY) at Rs 2,191 crore
• Net profit at Rs 72 crore vs Rs 68 crore net loss in Q4FY24
• E-commerce parcel revenue increased 3% YoY to Rs 1,256 crore
• Sequentially, ecommerce volumes and revenues declined by 16% and 14%

Delhivery announced acquisition of rival Ecom Express in April for Rs 1,407 crore. It said Friday that the company estimates Rs 300 crore of integration costs.