Overview

• Consolidated net profit for the April–June quarter rose 67% year-on-year to Rs 91 crore on a 6% increase in revenue to Rs 2,294 crore.
• EBITDA climbed 53% to Rs 149 crore, lifting the margin to 6.5% from 4.5% in the prior year.
• Express parcel shipments grew 14% to 208 million deliveries, driving a 10% rise in parcel revenue to Rs 1,403 crore.
• Delhivery completed its up to Rs 1,407 crore acquisition of Ecom Express in mid-July, retaining 50–60% of volumes post-merger.
• The stock rallied over 5% to record highs as brokerages raised ratings and management outlined plans to scale its Rapid and Direct ventures.