NeW initiatives, margin gain hopes positives for Delhivery
Business Standard|November 20, 2024
Logistics major Delhivery has had promising Q2FY25 results.
DEVANGSHU DATTA
NeW initiatives, margin gain hopes positives for Delhivery

The Q2FY25 consolidated revenue was ₹2,190 crore (up 0.8 per cent quarter-on-quarter or Q -o-Q and 12.8 per cent year-on-year or Y-o-Y).

Express parcel revenue was ₹1,300 crore, (up 1.7 per cent Q-o-Q/7.3 per cent Y-o-Y) alongside betteryield (Jr5 per cent Y-o-Y) in the segment.

Express parcel volume grew 2.2 per cent Y-o-Y. Partial truckload (PTL) revenue grew 9 per cent Q -o- Q, 27.1 per cent Y-o-Y to ₹47O crore, aided by a rise in freight tonnage (up 22.7 per cent Y-o-Y).

Truck load revenue was up 1.3 per cent Q-o-Q and 5.3 per cent Y-o-Y to ₹160 crore.

Supply-chain services revenue declined 239 per cent sequentially but grew20.1 per cent Y-o-Y to ₹200 crore.

Adjusted operating profit was ₹10 crore with margin of 0.5 per cent. Net profit was ₹10.2 crore in QZFY25 (against loss of ₹100 crore in QZFY24).

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