Delhivery Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased to ₹2,294 crore, showing a consistent growth trajectory from previous quarters, reflecting strong demand in the manufacturing sector.
Operating loss reduced significantly to -₹32.65 crore, indicating improving operational efficiencies.
Net profit increased to ₹91.05 crore, the highest in recent quarters, suggesting better financial health.

NEGATIVES

Expenses rose to ₹2,326.65 crore, putting pressure on margins, despite revenue growth.
Operating profit margins remain negative, indicating ongoing challenges in achieving profitability.
Interest expense increased to ₹34.01 crore, highlighting rising costs of borrowing, which might impact future profitability.

Field	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	1,941.75	2,194.47	2,075.54	2,172.30	2,189.73	2,378.30	2,191.57	2,294
Expenses	2,148.19	2,289.91	2,257.20	2,222.89	2,294.27	2,450.93	2,248.68	2,326.65
Operating Profit	-206.44	-95.44	-181.66	-50.59	-104.54	-72.63	-57.11	-32.65
Other Income	101.23	130.79	119.35	109.91	119.60	98.67	111.92	129.89
Interest	19.65	22.19	27.14	28.22	30.54	33.32	33.71	34.01
Depreciation	171.20	182.60	200.40	119.42	131.27	141.73	142.48	147.46
Profit Before Tax	-105.01	23.44	-70.70	52.98	8.62	23.81	71.72	89.68
Tax	-2.07	11.73	-2.24	-1.38	-1.58	-1.18	-0.83	-1.37
Net Profit	-102.94	11.71	-68.47	54.36	10.20	24.99	72.56	91.05
Eps in Rs	-1.40	0.16	-0.93	0.74	0.14	0.34	0.97	1.22