Delhivery, a logistics startup based in Gurugram, has left industry experts in awe as it did more than just break even and actually recorded a profit of INR 54.35 crore during the first quarter of FY2025, which is a significant difference from its INR 89.48 crore loss in the same period last year.
The freight company’s current success can be attributed to their express parcel delivery segment that had an upward trend with shipping going up by 183 million within the three months. The freight company’s other business streams including warehousing; supply chain solutions are also major contributors to this success.
In particular, its B2B transport line recorded an outstanding 25% boost in revenue. This line alone brought in INR3.47 billion-stiff! Furthermore, it witnessed growth of 11% YoY in revenue for its supply chain services aimed at the booming e-commerce sector.
With increased reach across 18,783 pin codes and an expanded network of 3,567 express delivery centers, Delhivery is clearly on top gear. Unsurprisingly, Sahil Barua-CEO- attributes this excellent performance to strong growth in critical areas and improved profitability.
Evidently, Delhivery is not only surviving but thriving amidst competition from peers. On such a note though; this start-up’s future looks bright since it has gained momentum.
