Logistics unicorn Delhivery reported its first-ever full fiscal year of profitability in FY25, with strong gains in EBITDA and net income driven by cost optimizations and growing customer activity, despite flat volumes and a dip in quarterly revenue.
Key Insights:
- Leadership Update:
- Co-founder Suraj Saharan appointed as a whole-time director on the board. He continues as Chief People Officer (CPO), leading talent and culture initiatives.
- Q4 Revenue: ₹2,192 crore (up 5.6% YoY, down 8% QoQ).
- Profit: Q4 net profit ₹73 crore, FY25 net profit ₹162 crore (from a loss in FY24).
- EBITDA: Q4 EBITDA ₹119 crore (5.4% margin), FY25 EBITDA ₹376 crore (4.2% margin).
- Express Parcel: ₹5,318 crore revenue (5% YoY), 752M shipments (2% YoY).
- Part Truck Load: Revenue up 25% YoY to ₹1,889 crore, volumes up 19%.
- Other Segments: Supply Chain up 17%, Cross-Border up 18%, Truckload up 3%.
- Cost Cuts: Expenses down 8.3% QoQ, headcount reduced by 8.3%.
- Leadership Change: Suraj Saharan appointed as whole-time director.
Educatekaro’s Takeaway:
Delhivery’s return to profitability reflects successful cost management and operational discipline, even amid flat logistics demand. With renewed momentum and strong PTL growth, the company is optimistic heading into FY26.
Source: YourStory
