Delhivery Back In The Black, Posts INR 54.3 Cr Profit In Q1 FY25

Delhivery Back In The Black, Posts INR 54.3 Cr Profit In Q1 FY25

SUMMARY

Delhivery had posted a net loss of INR 89.4 Cr in Q1 FY24 and INR 69 Cr in Q4 FY24

Revenue from services grew 13% to INR 2,172 Cr in Q1 FY25 from INR 1,930 Cr in Q1 FY24

The Delhi NCR-based startup’s EBITDA stood at INR 97 Cr in Q1 FY25 against an EBITDA loss of INR 13 Cr in the year-ago quarter

Logistics unicorn Delhivery returned to the black in the first quarter of the financial year 2024-25 (FY25), posting a net profit of INR 54.3 Cr on the back of robust growth in its truckload and supply chain services segments.

The startup had posted a net loss of INR 89.4 Cr in the June quarter of FY24. It is pertinent to mention that after turning profitable in the third quarter of FY24, Delhivery posted a net loss of INR 69 Cr in Q4 FY24.

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