Delhivery announced strong financial results for the first quarter of FY27, with revenue from services climbing 27.8% YoY to ₹2,931 crore. The company saw robust volume growth, carrying 322 million express shipments and 542K MT of PTL freight. Adjusted EBITDA stood at ₹76 crore. Delhivery remains optimistic about continued growth and profitability improvements, supported by strategic investments in technology and network expansion.
Strong Q1 FY27 Performance Highlights
Delhivery Limited has reported a commendable financial performance for the first quarter ended June 30, 2026 (Q1FY27), showcasing significant growth across key operational and financial metrics. The company’s revenue from services surged by 27.8% year-on-year (YoY), reaching a total of ₹2,931 crore.
Robust Volume Growth Drives Revenue
This impressive revenue increase was underpinned by substantial volume expansion in the company’s core logistics offerings. Delhivery successfully transported 322 million express parcels, marking a 55.2% YoY growth. Additionally, its Part Truckload (PTL) freight segment handled 542K metric tons, a 18.4% YoY increase.
Profitability and EBITDA
The company reported an Adjusted EBITDA of ₹76 crore with a margin of 2.6%. Reported EBITDA stood at ₹156 crore (5.3% margin), and Profit After Tax (PAT) before integration costs was ₹62 crore (2.0% margin). These figures reflect the company’s ability to manage costs while scaling operations effectively.
Strategic Investments and Future Outlook
Delhivery continues to invest strategically in technology and engineering to enhance operational efficiency and customer experience. Investments in automation, AI-powered capabilities, and proprietary platforms like Delhivery Maps are enhancing service quality and creating new revenue streams. The company has also launched new businesses such as Delhivery Local and Delhivery Financial Services, with a planned investment outlay of ₹130-160 crore for FY27. Looking ahead, Delhivery anticipates continued growth and improvements in profitability and cash flow, expecting an overall Express volume growth of 20-30% and PTL volume growth of 18-22% for FY27.
Commitment to Workforce Welfare
The company also highlighted its commitment to its frontline workforce through initiatives like ‘Vishram’, a nationwide network of rest stops, and ‘Abhayam’, a comprehensive welfare program. These initiatives aim to enhance employee engagement and service quality.
Source: BSE
