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	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	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

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	Consolidated	Consolidated
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	21915660000	89319010000
	Other income	1119220000	4401080000
	Total income	23034880000	93720090000
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	3375480000	13759040000
(e)	Finance costs	337070000	1257870000
(f)	Depreciation, depletion and amortisation expense	1424850000	5349080000
(f)	Other Expenses
1	Freight, Handling and Servicing Costs	15663310000	65347850000
2	Other expenses	1686140000	6453890000
	Total other expenses	17349450000	71801740000
	Total expenses	22486850000	92167730000
3	Total profit before exceptional items and tax	548030000	1552360000
4	Exceptional items	0	-51340000
5	Total profit before tax	548030000	1501020000
6	Tax expense
7	Current tax	5190000	7260000
8	Deferred tax	-13540000	-57040000
9	Total tax expenses	-8350000	-49780000
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	556380000	1550800000
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	169190000	70300000
16	Total profit (loss) for period	725570000	1621100000
17	Other comprehensive income net of taxes	6250000	49140000
18	Total Comprehensive Income for the period	731820000	1670240000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	725570000	1621100000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	731820000	1670240000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
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		93575930000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.97	2.19
	Diluted earnings (loss) per share from continuing operations	0.96	2.14
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	0.97	2.19
	Diluted earnings (loss) per share from continuing and discontinued operations	0.96	2.14
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1. One of the Companys 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, loss before tax for the year ended March 31st 2024 would have been lower by Rs. 104.59 million and Goodwill & Other equity balance would have been higher by Rs. 881.01 million as on March 31 2025. n2. Exceptional Items includes Fair value loss on Investment at fair value through profit or loss of Rs 51.34mn. n3. On April 5 2025 the Board of Directors have approved the acquisition of shares equivalent to at least 99.4 percentage 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. n4. The Board of Directors of the Company in its meeting held on February 02 2024 approved a scheme of amalgamation between Spoton Logistics Private Limited and Spoton Supply Chain Solutions Private Limited and the Company under section 230-232 of the Companies Act 2013. The scheme been filed with Hon'ble National Company Law Tribunal NCLT and is currently pending approval. Pending receipts of the regulatory approvals, no effect of the proposed merger has been given in the consolidated financial results for the year ended March 31, 2025. The Company shall account for the merger in accordance with the applicable Indian Accounting Standards once the scheme is effective. n5. The unmodified consolidated 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’s website.

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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	24840220000
	Capital work-in-progress	328960000
	Investment property	0
	Goodwill	13441630000
	Other intangible assets	588810000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	3278600000
	Non-current financial assets
	Non-current investments	6942510000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	8609630000
	Total non-current financial assets	15552140000
	Deferred tax assets (net)	0
	Other non-current assets	3079730000
	Total non-current assets	61110090000
2	Current assets
	Inventories	164800000
	Current financial asset
	Current investments	25561080000
	Trade receivables, current	14121070000
	Cash and cash equivalents	3359660000
	Bank balance other than cash and cash equivalents	0
	Loans, current	40520000
	Other current financial assets	14502400000
	Total current financial assets	57584730000
	Current tax assets (net)	0
	Other current assets	1771730000
	Total current assets	59521260000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	120631350000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	745580000
	Other equity	93575930000
	Total equity attributable to owners of parent	94321510000
	Non controlling interest
	Total equity	94321510000
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
	Total non-current financial liabilities	24630000
	Provisions, non-current	747540000
	Deferred tax liabilities (net)	76620000
	Deferred government grants, Non-current	0
	Other non-current liabilities	11380510000
	Total non-current liabilities	12229300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	372060000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	15130000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	8537170000
	Total Trade payable	8552300000
	Other current financial liabilities	3589560000
	Total current financial liabilities	12513920000
	Other current liabilities	1178920000
	Provisions, current	382440000
	Current tax liabilities (Net)	5260000
	Deferred government grants, Current	0
	Total current liabilities	14080540000
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	26309840000
	Total equity and liabilites	120631350000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	1 Property Plant and equipment includes Tangible Assets 11846.35 Mn and ROU 12993.87 Mn n2 Other Non current assets Non Current Tax assets net 2882.42 Mn and Other non current assets : 197.31 Mn n3 Other Non current financial Liabilities includes Lease Liability 11380.51 Mn n4 Other current financial liabilties includes lease liabilites 2438.81 mn and other financial liabilties 1150.75 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		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
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	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	-400000	34870000
2	Income tax relating to items that will not be reclassified to profit and loss	0	0
3	Share of other comprehensive income of associate (net)	-1870000	-1460000
	Total Amount of items that will not be reclassified to profit and loss	-2270000	33410000
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
1	Exchange differences on translation of foreign operations	8520000	15730000
	Total Amount of items that will be reclassified to profit and loss	8520000	15730000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	6250000	49140000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			1501020000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1185200000
	Adjustments for decrease (increase) in inventories			-580000
	Adjustments for decrease (increase) in trade receivables, current			-1197130000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			6040000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-35620000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			578490000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			252810000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			5349090000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			146750000
	Adjustments for provisions, non-current			0
	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			2397020000
	Adjustments for share-based payments			1148820000
	Adjustments for fair value losses (gains)			51340000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-1858440000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			1126460000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			4356210000
	Net cash flows from (used in) operations			5857230000
	Dividends received			0
	Interest paid			-68210000
	Interest received			0
	Income taxes paid (refund)			251810000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			5673630000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	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			74930000
	Purchase of property, plant and equipment			4831810000
	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			0
	Cash receipts from repayment of advances and loans made to other parties			0
	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			2043920000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			7839680000
	Net cash flows from (used in) investing activities	-1036050000
	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			2246800000
	Dividends paid			0
	Interest paid			1257950000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-4322660000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			314920000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			14870000
	Net increase (decrease) in cash and cash equivalents			329790000
	Cash and cash equivalents cash flow statement at beginning of period			3029870000
	Cash and cash equivalents cash flow statement at end of period			3359660000