New Delhi, May 17 -- Delhivery expects more consolidation in the delivery ecosystem, and the era ofsuicidal pricingin the market has ended, the company said during its Q4 FY25 earnings call on Friday, adding that 'qualified staff' from acquired company Ecom Express will be absorbed into its operations.

Sahil Barua, CEO and founder of Delhivery, said that aggressive deep discounting by competitors-which led to prices below cost-is no longer sustainable.

"Our anticipation was that this pricing was suicidal and untenable because it appeared to be at a negative gross margin. I think suicidal pricing in this industry has more or less ended at this point, as most players have seen the consequences of such discounting," he said.

Delhivery tur...