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Delhivery Profits Soar 58% on Strong Growth
31 Jan
Summary
- Net profit surged 58.4% to ₹39.6 crore in the December quarter.
- Revenue climbed 18% to ₹2,804 crore, with PTL business hitting new heights.
- Labour code changes resulted in a ₹20.86 crore one-time liability.
Delhivery announced impressive financial results for the December quarter ending on December 31, 2025. The logistics company achieved a net profit of ₹39.6 crore, marking a significant 58.4% year-on-year increase. This growth was fueled by healthy volume expansion and effective operational management.
Revenue for the quarter rose by 18% to ₹2,804 crore from ₹2,378 crore in the same period last year. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) more than doubled to ₹208.5 crore, improving the operating margin to 7.4% from 4.3%.
A notable achievement was the Part Truck Load (PTL) business crossing 500,000 metric tonnes for the first time, with a 23% year-on-year growth. The company also addressed the financial impact of the newly enacted Labour Codes. This led to an increase in gratuity and leave liabilities totaling ₹20.86 crore, recognized as an exceptional item.
Delhivery continues to monitor the implications of these labour law changes and will assess further impact once final rules and effective dates are officially notified. The company's stock closed higher on Friday, January 31, 2026, up 3.53% at 426.35 on the NSE.
