Delhivery Posts ₹41 Cr Profit In Q2, Revenue Crosses ₹3,000 Cr Mark

Logistics company Delhivery reported a consolidated net profit of ₹40.6 Cr in the September quarter of FY27 (Q2) from a loss of ₹50.5 Cr in the year-ago period, supported by revenue growth outpacing the increase in expenses. Sequentially, profit increased 27.4% from ₹31.9 Cr, while operating revenue grew 4.6% from ₹2,930.7 Cr.

Operating revenue rose 19.8% YoY and 4.6% QoQ to ₹3,066.4 Cr during the quarter under review.  Other income fell 27.8% YoY to ₹66.6 Cr from ₹92.2 Cr. Including this, Delhivery’s total income stood at ₹3,133 Cr as against ₹2,651.5 Cr a year earlier.

The company’s total expenses increased 14.2% YoY to ₹3,093 Cr from ₹2,708.1 Cr. Freight, handling, and servicing costs, its largest expense head, rose 19.1% to ₹2,195.1 Cr from ₹1,842.9 Cr.

The company reported a pre-tax profit of ₹39 Cr against a pre-tax loss of ₹53.2 Cr in Q2 FY26. A net tax credit of ₹1.6 Cr took its net profit to ₹40.6 Cr.

Alongside the results, Delhivery’s board approved an equity investment of up to ₹36 Cr in Delhivery Fintech Distribution, in one or more tranches, to support the subsidiary’s operational and business requirements. 

(The story will be updated soon)

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