Delhivery Share Price Falls 4% Despite Net Profit Jumps to ₹25 crore in Q3 FY25

Delhivery share price shares dropped by 4.35% to a day’s low of ₹302.95 on the BSE on Monday, despite the logistics company reporting a significant 114% year-on-year (YoY) jump in its net profit for the December quarter.

The profit stood at ₹25 crore, compared to ₹12 crore in the same period last year, marking the third consecutive profitable quarter for the company.

Revenue and Profit Performance

The company’s revenue from operations in Q3FY25 stood at ₹2,378 crore, reflecting an 8% increase compared to ₹2,194 crore in Q3FY24. On a sequential basis, Delhivery’s profit after tax (PAT) surged 145% from ₹10 crore posted in Q2FY25, and the revenue showed a 9% growth from ₹2,190 crore in the July-September quarter of FY25.

In a statement, Delhivery emphasized that it had continued its profitable growth path despite operating in a challenging business environment.

EBITDA and Segment Performance

Delhivery’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) saw a slight YoY decline, reducing to ₹102 crore in Q3FY25, compared to ₹109 crore in Q3FY24.

The company also highlighted growth across several key business segments:

• Express Parcel Revenue: Increased 3% YoY to ₹1,488 crore in Q3FY25, up from ₹1,448 crore in the previous year. Express parcel shipments grew by 2% YoY, totalling 206 million shipments in Q3FY25, compared to 201 million in Q3FY24.
• Part Truckload Revenue: Saw a significant growth of 22% YoY, rising to ₹462 crore in Q3FY25 from ₹379 crore in Q3FY24. Part Truckload volumes also grew robustly by 17% YoY, reaching 412K MT in Q3FY25, compared to 354K MT in Q3FY24.
• Supply Chain Services Revenue: This segment saw the highest YoY growth, increasing by 29% to ₹222 crore in Q3FY25, up from ₹173 crore in Q3FY24. The growth was attributed to new client acquisitions and expanded business with existing clients.
• Truckload Services Revenue: This segment grew by 5% YoY, reaching ₹160 crore in Q3FY25, up from ₹153 crore in Q3FY24.
• Cross Border Services Revenue: Grew 12% YoY to ₹43 crore in Q3FY25, compared to ₹39 crore in Q3FY24.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.