Delhivery announced strong financial results for the second quarter of FY27, reporting a 19.8% year-over-year increase in revenue from services to ₹3,066 crore. The company also demonstrated sequential improvements in profitability, with Adjusted EBITDA rising 62% QoQ to ₹123 crore. Key operational highlights include a 32.1% YoY increase in express parcel shipments and a 14.2% YoY rise in PTL freight tonnage, indicating robust volume growth and network utilization.
Delhivery Reports Strong Q2 FY27 Performance
Delhivery has announced its financial results for the second quarter ending September 30, 2026, showcasing significant growth in both revenue and profitability. The company’s revenue from services reached ₹3,066 crore, marking a substantial 19.8% increase compared to the same period last year (YoY). This growth reflects strong momentum in the express parcel and PTL freight segments.
Key Financial and Operational Highlights
In Q2 FY27, Delhivery handled 325 million express parcel shipments, a 32.1% increase YoY, and 545K metric tons of PTL freight, up 14.2% YoY. Profitability saw notable sequential improvement. Adjusted EBITDA stood at ₹123 crore with a 4.0% margin, reflecting a 62% growth QoQ and a 48% growth YoY. Reported EBITDA was ₹205 crore (6.7% margin), and consolidated PAT was ₹41 crore (1.3% margin).
Strategic Investments and Future Outlook
The company continues to invest in technology and infrastructure to enhance efficiency and customer experience. Investments in AI capabilities are beginning to yield results, improving sales productivity and customer onboarding. Delhivery Maps has generated significant internal savings, and the company is developing customized autonomous mobile robots. New business verticals like Delhivery Local and Financial Services are also scaling up faster than anticipated, contributing to revenue growth and improved contribution margins. Capital expenditure remains on track with guidance, and net working capital has improved significantly.
Delhivery expresses confidence in its momentum and strategic investments to deliver sustained service excellence and improved profitability. The company remains committed to disciplined capital stewardship.
Source: BSE
