Transportation-Logistics company Delhivery announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from services in Q4FY24 stood at Rs 2,076 crore, a 12% increase from Q4FY23's Rs 1,860 crore. EBITDA rose by Rs 33 crore YoY to Rs 46 crore in Q4FY24 compared to Rs 13 crore in Q4FY23. Loss after tax reduced to Rs 69 crore in Q4FY24 from Rs 159 crore in Q4FY23. Express Parcel shipment volume in Q4FY24 reached 176 million with revenue at Rs 1,217 crore, growing by 3% from Rs 1,177 crore in Q4FY23. PTL freight volume grew by 21% to 384K tons in Q4FY24 from 318K tons in Q4FY23, resulting in a 27% revenue increase to Rs 417 crore from Rs 328 crore. Supply Chain Services revenue grew by 25% to Rs 234 crore, and Truckload service revenue by 59% to Rs 174 crore in Q4FY24 compared to Q4FY23. FY24 Financial Highlights: Revenue from services in FY24 reached Rs 8,142 crore, up by 13% from FY23's Rs 7,224 crore. EBITDA improved significantly by Rs 578 crore, achieving Rs 127 crore in FY24 from a loss of Rs 452 crore in FY23. Loss after tax decreased sharply by Rs 759 crore to Rs 249 crore in FY24 from Rs 1,008 crore in FY23. Express Parcel shipments grew by 11% to 740 million in FY24 from 663 million in FY23, with revenue increasing by 12% to Rs 5,077 crore from Rs 4,552 crore. Part Truckload (PTL) freight volume surged by 30% to 1,429K tons in FY24 from 1,101K tons in FY23, leading to a 31% rise in revenue to Rs 1,517 crore from Rs 1,157 crore. Full-year revenue from Supply Chain Services amounted to Rs 776 crore, Truckload service to Rs 609 crore, and croreoss Border Services to Rs 153 crore. Sahil Barua, MD & Chief Executive Officer, said, “FY24 has been a crucial year for us where we delivered consistent service levels, significantly improved profitability, completed a large portion of our planned long-term capital investments and achieved material working capital improvement" Result PDF