New Delhi, May 20 -- 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, led by margin expansion in its part truckload (PTL) business, a segment gaining significance in the portfolio. PTL service Ebitda margin jumpedto 10.8% in Q4 versus 3.8% in Q3 and 2.2% in Q4FY24, helped by better fleet utilisation, network productivity and price hikes that finally stuck. The management pointed out that scale and tech-led automation are now working in tandem. Thi...