Delhivery Q4 Profit Flat, Revenue Up 30% YoY

📰 Key Highlights Net Profit: ₹724M vs ₹725.6M YoY → essentially flat (-0.2%). Revenue: ₹28.5B vs ₹21.92B YoY → +30% growth. EBITDA: ₹2.1B vs ₹1.19B YoY → +76% growth. EBITDA Margin: 7.52% vs 5.43% YoY → margin expansion of ~209 bps. 🔎 Fundamentals Strong revenue growth driven by express parcel and supply chain services. Profit flat despite topline surge, reflecting higher costs and investments. EBITDA growth and margin expansion show operational efficiency gains. 🚚 Business Focus Expanding logistics network and warehousing capacity. Strengthening B2B and e-commerce delivery solutions. Investing in technology, automation, and AI-driven logistics optimization. ⚠️ Risks Fuel price hikes could pressure margins. Competitive pricing in logistics sector. Dependence on e-commerce demand cycles. 📈 Outlook Strong demand for logistics and supply chain services expected to continue. Margin expansion trend encouraging for long-term profitability. Delhivery positioning itself as a leading tech-enabled logistics player in India.