Logistics firm Delhivery has achieved notable profitability for the quarter ending June 2025, marking a strong performance with revenue exceeding Rs 2,100 crore during Q1 FY25.
According to Delhivery’s unaudited consolidated quarterly report filed with the National Stock Exchange, the company’s operating revenue increased by 4.6%, rising to Rs 2,172 crore in Q1 FY25 from Rs 2,076 crore in Q4 FY24.
The primary revenue drivers for Delhivery include warehousing, last-mile logistics, and the design and implementation of logistics management systems. In addition to its logistics services, Delhivery earned Rs 110 crore from financial sources, bringing the total income to Rs 2,282 crore in Q1 FY25, up from Rs 2,195 crore in the previous quarter.
Freight and handling costs accounted for 71% of Delhivery’s total expenses. This expenditure grew by 4% to Rs 1,579 crore in Q1 FY25, compared to Rs 1,519 crore in Q4 FY24.
Overall spending on employee benefits, advertising, finance, legal matters, and other areas totaled Rs 2,223 crore in Q1 FY25, down from Rs 2,257 crore in Q4 FY24.
The company’s growth in revenue and cost management contributed to a profit of Rs 52 crore in Q1 FY25, reversing the Rs 68 crore loss reported in Q4 FY24. On a unit level, Delhivery spent Rs 1.02 to earn one rupee in Q1 FY25.
Additionally, Delhivery has issued 166,122 employee stock options under its ESOP Plan 2012, increasing the total ESOP pool to 1.73 million. This information was disclosed in a separate filing with the NSE.
