Conference Call with Delhivery Ltd. Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Transportation & Logistics company Delhivery announced Q1FY25 results: Revenue from Services: Achieved revenue of Rs 2,172 crore in Q1FY25, reflecting a growth of 13% compared to Rs 1,930 crore in Q1FY24. EBITDA Improvement: EBITDA increased to Rs 97 crore in Q1FY25, up Rs 110 crore from an EBITDA loss of Rs 13 crore in Q1FY24. Profit After Tax (PAT): Reported a PAT of Rs 54 crore in Q1FY25, an increase of Rs 144 crore compared to a loss of Rs 89 crore in Q1FY24. Express Parcel Shipments: Grew 4% sequentially to 183 million in Q1FY25, up from 176 million in Q4FY24. Express Parcel Revenue: Revenue increased by 5% sequentially to Rs 1,276 crore in Q1FY25 from Rs 1,217 crore in Q4FY24, and grew 6% year-on-year from Rs 1,202 crore in Q1FY24. Express Parcel EBITDA Profitability: Improved sequentially to 18.2% in Q1FY25. B2B Transportation and Supply Chain Services: Continued strong growth in the larger B2B transportation and supply chain services markets. Part Truckload (PTL) Revenues: Grew 25% year-on-year to Rs 435 crore in Q1FY25, compared to Rs 417 crore in Q4FY24 and Rs 347 crore in Q1FY24. PTL Volumes: Increased 16% year-on-year to 399K MT in Q1FY25 from 384K MT in Q4FY24 and 343K MT in Q1FY24, despite Q1 being seasonally weak for the industry. PTL Service EBITDA Profitability: Expanded to 3.2% in Q1FY25, up from 2.2% in Q4FY24. Supply Chain Services (SCS) Revenue: Stood at Rs 259 crore, growing 11% sequentially from Rs 234 crore in Q4FY24 and 26% year-on-year from Rs 206 crore in Q1FY24, driven by a strong season and new accounts. SCS Pipeline: Remains strong, with active discussions across various sectors, including electricals, FMCG, e-commerce, and automotive. Result PDF