How has been the historical performance of Delhivery?

Answer:The historical performance of Delhivery shows significant growth in net sales and a turnaround in profitability over the years.

Breakdown:
Delhivery's net sales have consistently increased from INR 2,780.58 crore in March 2020 to INR 8,931.90 crore in March 2025, reflecting a robust growth trajectory. Total operating income followed a similar trend, reaching INR 8,931.90 crore in March 2025, up from INR 2,780.58 crore in March 2020. The company faced challenges with operating profit, which was negative in earlier years but turned positive to INR 375.82 crore in March 2025, showcasing a significant recovery. Profit before tax also improved, moving from a loss of INR 1,066.63 crore in March 2023 to a profit of INR 150.10 crore in March 2025. Consequently, profit after tax turned positive at INR 155.08 crore in March 2025, compared to losses in previous years. The company's total assets increased from INR 4,062.55 crore in March 2019 to INR 11,453.02 crore in March 2024, indicating strong asset growth. Total liabilities also rose, but the increase in assets suggests a solid financial foundation. Cash flow from operating activities improved significantly, reaching INR 472 crore in March 2024, compared to negative cash flows in earlier years. Overall, Delhivery's financial metrics indicate a positive trend in revenue generation and profitability, alongside a solid asset base.