Delhivery announced its Q2 FY27 results, marking its highest quarterly revenue at ₹3,066 crore, a 20% year-on-year increase. The company also reported a significant profitability improvement, with EBITDA tripling to ₹205 crore. Despite inflationary pressures, Delhivery demonstrated strong operational performance across its express parcel and Part Truck Load (PTL) segments, alongside a healthy balance sheet with a cash balance of ₹4,676 crore.
Delhivery Reports Strong Q2 FY27 Financial Performance
Delhivery Limited has announced robust financial results for the second quarter of the financial year 2027 (Q2 FY27), ending September 30, 2026. The company achieved a record quarterly revenue of ₹3,066 crore, representing a substantial 20% growth compared to the same period last year. This topline performance was complemented by a significant improvement in profitability, with EBITDA tripling year-on-year to reach ₹205 crore, reflecting a margin of 6.7%.
Key Operational Highlights in Q2 FY27
The strong financial performance was driven by consistent growth across key business segments. Express parcel volume saw a 32% year-on-year increase, contributing to a 22% revenue growth in this segment. Part Truck Load (PTL) operations recorded a 14% year-on-year growth in volume, with a corresponding 23% revenue increase. Furthermore, the consolidated Profit After Tax (PAT) for the quarter stood at ₹41 crore, with a margin of 1.3%. The company maintained a strong balance sheet position, ending the quarter with a cash balance of ₹4,676 crore.
Strategic Investments and Future Outlook
Delhivery continues to invest strategically in technology to enhance operational efficiency and customer experience. Investments in Artificial Intelligence (AI) are yielding positive results in sales productivity and customer onboarding, alongside improved fraud detection. The company’s in-house automation lab, Delhivery Robotics, has begun producing customized autonomous vehicles for in-facility operations and is testing robotics systems across its network. Despite a volatile macro environment, the company’s network service levels have improved, providing strong momentum heading into the second half of FY27.
Source: BSE
