
Delhivery part truckload business is on a higher margin path
Delhivery Ltd shares have surged over 10% since its March quarter (Q4FY25) results were announced. The company posted its highest-ever quarterly profit, which means that FY25 was the first year in which all the quarters were net profit positive. Despite a seasonally soft period, Q4 Ebitda margin rose to 5.4%, up 320 basis points year-on-year,…