Bengaluru, March 26 -- Logistics company Delhivery Ltd expects its three-month-old quick-commerce business to end this fiscal year with Rs.100 crore in revenue and its new warehouses catering to online-first brands and e-commerce platforms to break even in a few months.

The Gurugram-based firm is also looking to expand its quick-commerce business to major metropolitan cities in a few months, said Milind Sharma, Delhivery's newly appointed head of rapid commerce and direct-to-consumer brands.

"While there are investments needed to build this business, we are keeping tight control on our costs. Our initial set of dark stores (small warehouses) launched in Bengaluru in January are already at 70% break-even level. The internal target is for...