Integrated Filing — IndAS



General information about company

Scrip Code 543529
NSE Symbol DELHIVERY
MSEI Symbol NOTLISTED
ISIN INE148O01028
Name of company DELHIVERY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 31-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Logistic
Start date and time of board meeting 31-01-2026   13:30:00
End date and time of board meeting 31-01-2026   15:10:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,80,498.60 7,65,830.80
Other income 7,712.20 29,923.00
Total income 2,88,210.80 7,95,753.80
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 40,969.10 1,18,793.50
(e) Finance costs 3,718.60 11,005.40
(f) Depreciation, depletion and amortisation expense 18,658.30 51,215.70
(f) Other Expenses
1 Freight, handling and servicing costs 1,97,959.50 5,46,026.90
2 Other expenses 20,692.70 58,433.70
Total other expenses 2,18,652.20 6,04,460.60
Total expenses 2,81,998.20 7,85,475.20
3 Total profit before exceptional items and tax 6,212.60 10,278.60
4 Exceptional items (2,735.60) (2,735.60)
5 Total profit before tax 3,477.00 7,543.00
6 Tax expense
7 Current tax 15.40 16.10
8 Deferred tax (306.30) (716.80)
9 Total tax expenses (290.90) (700.70)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 3,767.90 8,243.70
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 191.00 (229.50)
16 Total profit (loss) for period 3,958.90 8,014.20
17 Other comprehensive income net of taxes 92.30 738.10
18 Total Comprehensive Income for the period 4,051.20 8,752.30
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 3,960.80 8,027.80
Total profit or loss, attributable to non-controlling interests (1.90) (13.60)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 4,053.10 8,765.90
Total comprehensive income for the period attributable to owners of parent non-controlling interests (1.90) (13.60)
21 Details of equity share capital
Paid-up equity share capital 7,480.90 7,480.90
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.53 1.07
Diluted earnings (loss) per share from continuing operations 0.52 1.05
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.53 1.07
Diluted earnings (loss) per share from continuing and discontinued operations 0.52 1.05
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The consolidated financial results of Delhivery Limited the Company the Parent and its 15 subsidiaries together referred to as 'the Group has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim Financial Reporting Ind AS 34 prescribed under Section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in terms of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015 the LODR Regulations The said consolidated unaudited financial results represent results of the Group and its share in 1 associate as reviewed by the Audit Committee have been approved by Board of Directors at its meeting held on January 31 2026 2 One of the Company wholly owned subsidiary Spoton Logistics Private Limited had recorded goodwill in its books of account upon amalgamation of Vankatesh Pharma Private Limited the transferor Company and Spoton Logistics Private Limited the Transferee Company The scheme of amalgamation was approved by the NCLT vide its order dated November 27 2019 with an appointed date of August 30 2018 and a certified copy has been filed by the transferee Company with the Registrar of Companies Gujarat on January 10 2020 In accordance with the scheme approved by the NCLT the Group amortised Goodwill over a period of 5 years in unaudited Consolidated Financial Results for which accounting treatment is different from the accounting treatment prescribed under Accounting Standard Ind AS 103 on Business Combinations Accordingly the aforesaid Goodwill has been fully amortised in the books of account during the quarter ended on September 30 2023 If amortisation of goodwill had not been done in the financial results Goodwill and Other equity balance would have been higher by Rs 881.01 million as on December 31 2025 3 Pursuant to the approval of the Board of Directors on April 5 2025 for the acquisition of shares of Ecom Express Limited Ecom the Company has subsequently completed the acquisition of 99.87 percent of Ecoms issued and paid up share capital on a fully diluted basis for a purchase consideration of approximately Rs. 13696.36 million Consequently Ecom has become a subsidiary of the Company with effect from July 18, 2025. Further the Company acquired the remaining shares constituting 0.13 percent of stake making Ecom a wholly owned subsidiary with effect from December 10 2025 4 The unmodified consolidated financial results for the quarter and nine months ended December 31 2025 are available on the BSE Limited website and also in company website



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 - Re-measurement gains/(losses) on defined benefit plans 6.40 404.60
2 - Share of other comprehensive income/(loss) of associate (net) 0.10 0.90
Total Amount of items that will not be reclassified to profit and loss 6.50 405.50
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 - Exchange differences on translation of foreign operations 85.80 332.60
Total Amount of items that will be reclassified to profit and loss 85.80 332.60
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 92.30 738.10