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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	16-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	09-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
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	Audited
Segment Reporting	Single segment
Description of single segment	Logistics
Start date and time of board meeting	16-May-2025   14:00:00
End date and time of board meeting	16-May-2025   16:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-07
Indicate Company website link for updated RPT policy of the Company	https://www.delhivery.com/uploads/2025/01/Policy%20on%20Materiality%20of%20RPT.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
The entity has not issued any debt securities and has not defaulted on any loans or other financial obligations obtained from banks or financial institutions. Accordingly, no such defaults exist, and the disclosure requirement is not applicable.

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	20220500000	82524470000
	Other income	1132710000	4563860000
	Total income	21353210000	87088330000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	3206440000	12960470000
(e)	Finance costs	334190000	1250570000
(f)	Depreciation, depletion and amortisation expense	1394930000	5193090000
(f)	Other Expenses
1	Freight, Handling and Servicing Costs	14149530000	59294400000
2	Other expenses	1662100000	6395990000
	Total other expenses	15811630000	65690390000
	Total expenses	20747190000	85094520000
3	Total profit before exceptional items and tax	606020000	1993810000
4	Exceptional items	-771450000	-868540000
5	Total profit before tax	-165430000	1125270000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	0	0
9	Total tax expenses	0	0
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-165430000	1125270000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-165430000	1125270000
17	Other comprehensive income net of taxes	-1700000	30360000
18	Total Comprehensive Income for the period	-167130000	1155630000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	745580000	745580000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		97809870000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.22	1.52
	Diluted earnings (loss) per share from continuing operations	-0.22	1.49
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	-0.22	1.52
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.22	1.49
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		The standalone financial results have been prepared in accordance with the Indian Accounting Standard notified 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 or the SEBI Listing Obligations and Disclosure Requirements) Regulations 2015. The standalone financial results as reviewed by the Audit Committee have been approved by Board of Directors at its meeting held on May 16 2025. n nDuring the quarter and year ended March 31 2025 the Company has granted 412169 and 3022089 stock options under various stock option plan as approved by Board of Directors to the eligible employees of the Company and its subsidiaries. Further 2773065 and 8796224 stock options were exercised during the quarter and year ended March 31 2025 respectively. n nOn April 5 2025 the Board of Directors have approved the acquisition of shares equivalent to at least 99.4 percent of the issued and paid up share capital on a fully diluted basis, of Ecom Express Limited, for a purchase consideration not exceeding Rs. 14070.00 million. Post completion of such acquisition Ecom will become a subsidiary of the Company. The transaction is subject to regulatory approvals. n nThe unmodified standalone financial results for the quarter and year ended March 31 2025 are available on the BSE Limited website and the National Stock Exchange of India Limited website and on the Company website n nFigures for the fourth quarter being the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the current financial year. Also the figures upto the end of third quarter were only reviewed and not subject to audit.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	24805400000
	Capital work-in-progress	328960000
	Investment property	0
	Goodwill	163880000
	Other intangible assets	657080000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	3019350000
	Non-current financial assets
	Non-current investments	24917300000
	Trade receivables, non-current	0
	Loans, non-current	968630000
	Other non-current financial assets	8583520000
	Total non-current financial assets	34469450000
	Deferred tax assets (net)	0
	Other non-current assets	2728290000
	Total non-current assets	66172410000
2	Current assets
	Inventories	164800000
	Current financial asset
	Current investments	25561080000
	Trade receivables, current	13104810000
	Cash and cash equivalents	2534290000
	Bank balance other than cash and cash equivalents	0
	Loans, current	279090000
	Other current financial assets	14621770000
	Total current financial assets	56101040000
	Current tax assets (net)	0
	Other current assets	1861030000
	Total current assets	58126870000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	124299280000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	745580000
	Other equity	97809870000
	Total equity attributable to owners of parent	98555450000
	Non controlling interest
	Total equity	98555450000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	24630000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	11365710000
	Total non-current financial liabilities	11390340000
	Provisions, non-current	699600000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	12089940000
	Current liabilities
	Current financial liabilities
	Borrowings, current	372060000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	14860000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	8377850000
	Total Trade payable	8392710000
	Other current financial liabilities	3446070000
	Total current financial liabilities	12210840000
	Other current liabilities	1081570000
	Provisions, current	361480000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	13653890000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	25743830000
	Total equity and liabilites	124299280000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	1 Property Plant and equipment includes Tangible Assets 11827.73 Mn and ROU 12977.67 Mn n2 Other Non current assets Non Current Tax assets net 2585.73 Mn and Other non current assets 142.56 Mn n3 Other Non current financial Liabilities includes Lease Liability 11365.71 Mn n4 Other current financial liabilties includes lease liabilites 2434.24 mn and other financial liabilties 1011.83 Mn

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	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	-1700000	30360000
	Total Amount of items that will not be reclassified to profit and loss	-1700000	30360000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-1700000	30360000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Unaudited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1125270000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1182690000
	Adjustments for decrease (increase) in inventories			-640000
	Adjustments for decrease (increase) in trade receivables, current			-1494250000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			-253350000
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-89740000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			690490000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			327440000
	Adjustments for depreciation and amortisation expense			5193090000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			128030000
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			2537800000
	Adjustments for share-based payments			1137330000
	Adjustments for fair value losses (gains)			-1544830000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-267950000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			1854250000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			4324760000
	Net cash flows from (used in) operations			5450030000
	Dividends received			0
	Interest paid			-66070000
	Interest received			0
	Income taxes paid (refund)			232770000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			5283330000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			10320000
	Cash flows used in obtaining control of subsidiaries or other businesses			187760000
	Other cash receipts from sales of equity or debt instruments of other entities			54349850000
	Other cash payments to acquire equity or debt instruments of other entities			60512620000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			69970000
	Purchase of property, plant and equipment			5308590000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			175000000
	Cash receipts from repayment of advances and loans made to other parties			602880000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			2193480000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			7890870000
	Net cash flows from (used in) investing activities	-1066600000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			39060000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			856970000
	Payments of lease liabilities			3416720000
	Dividends paid			0
	Interest paid			69870000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-4304500000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-87770000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-87770000
	Cash and cash equivalents cash flow statement at beginning of period			2622060000
	Cash and cash equivalents cash flow statement at end of period			2534290000

Signatory Details
Name of signatory	Madhulika Rawat
Designation of person	Company Secretary and Compliance Officer
Place	Mumbai
Date	16-May-2025