Delhivery Limited announced a milestone quarter, achieving ₹3,066 crore in total revenue for Q2 FY27, crossing the ₹3,000 crore mark for the first time. This represents a 20% year-on-year growth. The company also reported an Adjusted EBITDA of ₹123 crore and a Profit After Tax (PAT) of ₹41 crore, underscoring a satisfactory quarter with strong operational performance.
Delhivery Achieves Milestone Revenue in Q2 FY27
Delhivery Limited has reported its financial results for the second quarter of the fiscal year 2027 (Q2 FY27), marking a significant achievement with total revenues crossing ₹3,000 crore for the first time. The company posted a record revenue of ₹3,066 crore for the quarter, representing a robust 20% year-on-year increase.
Strong Operational and Profitability Performance
The quarter also saw strong operational performance, with the express business delivering 325 million shipments, up 32% YoY. The PTL (Partial Truckload) business transported 545K metric tonnes of freight, an increase of 14.2% YoY. Adjusted EBITDA for the quarter stood at ₹123 crore, translating to 4% of revenue. The company’s Profit After Tax (PAT) was reported at ₹41 crore.
Financial Health and Strategic Investments
Delhivery continues to maintain a strong financial position, with ₹4,676 crore in cash on its balance sheet. The company highlighted that sustained investments in new businesses and advanced areas like AI engineering and technology are beginning to yield positive results. These efforts, coupled with improvements in capital intensity and net working capital management, are contributing to the overall business performance.
Outlook and Future Growth
The management expressed satisfaction with the quarter’s performance, describing it as satisfactory and largely in line with plans, especially after a challenging first quarter. The company anticipates strong volume growth for FY27, potentially exceeding the initial 20-30% guidance. Strategic initiatives in areas such as automation, same-day/next-day delivery, Delhivery Direct, and financial services are expected to drive future growth and profitability.
Source: BSE
