Delhivery bets on rapid commerce for growth, logs ₹91 crore net profit in Q1
Logistics Major Delhivery accelerates the pushing of the new age distribution models, benefits from the rise of rapid trade and expands its partial truck load (PTL) capabilities.
In the first quarter of MY26 (April-June), the company made strategic investments. La14 Crore: Rapid Ticaret, 2 -hour delivery service and Demand Intracy Shipment Service Delhivery Direct.
“The real opportunity is to serve large brands working with fast trade platforms-ISTER FMCG, grocery stores or packaged foods, central stores and mother warehouses by offering high-precision, appointment-based deliveries. Fast trade has created a new channel and increased demand. Delhivery, April-June call.
Delhivery reported that a 68.5% increase in net profit in April-June. La91 Crore. The company’s operating income increased by 6% annually La2,294 Crore.
Delhiver’s shares settled 1% lower. La429,85 at BSE on Friday.
A partial truck cargo operation is a logistics service model between LTL (less than truck) and FTL (full truck load). It appeals to medium -sized posts that do not require any truck but are very large or cumbersome for standard parcel delivery.
However, rapid trade is largely concentrated in grocery stores, packaged foods and BPC (beauty and personal care) segments and is primarily active in big city centers. Although the grocery store has a remarkable effect on the Grocery GMV (gross goods value) and order volumes for large markets, its effect on wider e-commerce is expected to be limited. The reason for this is the natural difficulty of balancing wide varieties with fast delivery time schedules, especially in scattered urban geographies.
More importantly, most of the e-commerce volumes are fed with low-speed, long-tailed categories such as income and clothes, accessories and home and lifestyle products from small cities (Tier 2-4). These categories have unpredictable demand patterns and are not easy or economically suitable for stocking in small amounts in dark stores. As a result, the company awaits the minimum effect on the rapidly progressing total volume orbits.
Low-speed, long tail refers to niche products that have an unpredictable demand but slowly sell a large share of e-commerce volumes, especially in small cities.
Delhivery’s Rapid Network currently operates 20 dark stores in three cities and offers a common inventory infrastructure and 1-3 hours of satisfaction for brands for consumers directly.
There are scaling plans for 35-40 dark stores in six cities in six cities. While Delhiver is expected to remain a niche offer in a wider Express portfolio, Rapid LaIn the letter of a shareholder, the company comes in 80–100 Crore.
During the call for earnings, Barua said, “Network, automobile parts, electronic spare parts, tires, special chemicals, lubricants and distinguished FMCG products, such as time in terms of critical segments, will form the basis of fast B2B satisfaction,” he said.
Delhivery Direct, which is the consumer’s application for the company’s optional intercity transportation, has now expanded in a way that includes city delivery.
Since these offers are still in early stages, more investment – especially in demand production for fleet capacity and direct Delhivery – is expected in the 26 -fiscal year.
In January-March’s My25, Delhivery became profitable for the first time and by sending a clear profit LaRevenue increased by 72.6 Crore annually.
ECOM Express acquisition
Delhivery acquired competitor logistics company ECOM Express in the entire cash agreement La1,407 Crore in April.
“ECOM acquisition will be open in the quarter numbers,” said Barua, “he said.
“As a part of our Network Rationalization Plan, a significant part of the ECOM Express infrastructure has already been closed, only seven facilities are expected to be preserved. We also started the process of release from ECOM Express’s non -expression -free businesses and we waited to complete these outputs with Q3 FY26.
