Delhivery Limited announced its unaudited standalone and consolidated financial results for Q2FY27 (quarter ended September 30, 2026) through a press release issued in compliance with Regulation 30 of SEBI Listing Regulations.

Financial Performance Highlights

  • Revenue from services: ₹3,066 crore in Q2FY27, representing 20% year-over-year growth and crossing ₹3,000 crore quarterly revenue for the first time
  • EBITDA: ₹205 crore with 6.7% margin in Q2FY27, representing a 3x year-over-year increase
  • Consolidated PAT: ₹41 crore with 1.3% margin for the quarter
  • Cash balance: ₹4,676 crore as of Q2FY27 end, indicating strong balance sheet position

Operational Metrics

  • Express parcel volume: 325 million shipments in Q2FY27, showing 32% year-over-year growth
  • Express parcel revenue growth: 22% year-over-year
  • Part Truck Load (PTL) volume: 545K MT for the quarter, showing 14% year-over-year growth
  • PTL revenue growth: 23% year-over-year

Technology Investments and Initiatives

The company continues to invest in technology capabilities to improve demand shaping, enhance infrastructure productivity, reduce labor dependence in under-the-roof operations, and simplify customer experience.

Specific technology developments include:

  • Early AI investments showing results in improved sales productivity, customer onboarding, faster claims/disputes resolution, and fraud detection
  • Delhivery Robotics (in-house automation lab) has commenced production of customized autonomous vehicles for in-facility movement operations
  • Testing robotics systems across under-the-roof operations in partnership with global leaders in physical AI domain

Market Context and Outlook

The company achieved these results despite a volatile macro environment characterized by rising fuel prices, labor availability issues, and multiple statutory changes. Network service levels heading into the festive season were reported as the best ever recorded by the company, while profitability improved. This gives the teams strong momentum heading into the second half of FY27.

Investor Relations

Delhivery will host its earnings call to discuss Q2FY27 results at 6:00 PM IST on Friday, October 30, 2026. The registration link has been shared with stock exchanges, and the audio replay will be available on the company's Investor Relations page.

Company Background

Delhivery is India's largest logistics services provider, offering services including e-commerce and express parcel transportation, part truck-load freight, full-truckload freight, warehousing and supply chain solutions, international freight, intra-city on demand logistics, data solutioning, and software as a service to over 59,000 clients.