Briefly SmartlyDuring its Q3FY25 earnings call, Delhivery reported Rs 2,378 crore revenue from services, reflecting an 8% year-on-year (YoY) growth from Rs 2,194 crore in Q3 FY24.
The company’s profit after tax (PAT) more than doubled to Rs 25 crore, up from Rs 12 crore in the same period last year.
In response to this, Barua stated that the rapid commerce is expected to generate Rs 80-100 crore in revenue for the financial year.
The consolidating forces are becoming tighter and tighter,” Barua stated in response to a query regarding market dynamics.
He explained that certain constraints in the rapid commerce model remain inherently limited in scale and opportunity.

Delhivery Q3FY25 earnings call: All you need to know