Its revenue from services jumped 12.6% year-on-year (YoY) to Rs 2,172 crore, up from Rs 1,930 crore in the same quarter of the previous year.
EBITDA for the June quarter rose to Rs 97 crore, compared to an EBITDA loss of Rs 13 crore in the same quarter last year.
Express Parcel shipments grew 4% sequentially to 183 million in Q1 FY25, up from 176 million in Q4 FY24. EBITDA profitability for Express Parcel services improved sequentially to 18.2% in Q1 FY25.
Part Truckload (PTL) revenues grew 25% YoY to Rs 435 crore in Q1 FY25, up from Rs 347 crore in Q1 FY24. PTL volumes increased 16% YoY to 399K MT in Q1 FY25, compared to 343K MT in Q1 FY24, despite Q1 being a seasonally weak quarter for the industry. PTL service EBITDA profitability also improved, expanding to 3.2% in Q1 FY25 from 2.2% in Q4 FY24.Supply Chain Services (SCS) also showed robust growth in Q1 FY25, with revenue rising to Rs 259 crore. This marks an 11% sequential increase from Rs 234 crore in Q4 FY24 and a 26% YoY growth from Rs 206 crore in Q1 FY24, driven by a strong season and new accounts.Pipeline continues to be strong in SCS, with multiple active dialogues across electricals, FMCG, e-commerce, auto and other industry verticals, the company said in a release.”Robust growth in PTL and SCS businesses and stable growth in Express Parcel continues and have enabled improvement in profitability as well”, said Sahil Barua, MD & CEO.
On Friday, Delhivery shares closed 2% higher at Rs 416.1 on BSE.