Delhivery Posts Rs 10 Crore Profit in Q2 FY25, Revenue Up 13% to Rs 2,190 Crore, 78 Million Consignments Recorded

Delhivery reported a net profit of Rs 10 crore for the second quarter of FY25, marking its second consecutive quarter of profitability. This is a significant turnaround from a loss in the same period last year. The company also announced a 13% increase in revenue, reaching Rs 2,190 crore, compared to Rs 1,942 crore in the corresponding quarter of the previous financial year. CEO Sahil Barua highlighted that Express Parcel volumes were 25% higher in October than during the pre-festive sales period, with the company recording 78 million consignments in October, which is 30% above the monthly average of the previous quarter. The Indian e-commerce sector saw a 12% year-over-year growth during the 2024 festive season, generating a gross merchandise value of approximately $14 billion.