Optimizing routing in mobile adhoc networks is a challenging task. Since mobile adhoc networks are highly dynamic topology natured, several routing protocols face the challenge of delay and energy conscious routing. This paper proposes a novel delay and energy conscious routing approach based on ant colony optimization. Based on the estimated delay and residual energy of the nearby nodes, "Delay and Energy Conscious Routing Protocol" (DECRP) finds the efficient node and sends the data packets through that node. Simulation results proved that DECRP reduces delay and energy consumption and increases packet delivery ratio than that of the "Adhoc On Demand Distance Vector" (AODV) protocol.