Delhivery Ltd delivered a strong performance in the April–June quarter, with consolidated net profit rising 67% year-on-year to ₹91 crore, compared to ₹54 crore in the same quarter last year. Revenue rose 6% to ₹2,294 crore, supported by strong volume growth in its key business segments.
Operating profit (EBITDA) jumped 53% to ₹149 crore, as the company benefited from efficiencies driven by higher scale. EBITDA margin improved to 6.5% in Q1 FY26 from 4.5% a year earlier.
The express parcel segment clocked shipment volumes of 208 million, marking a 14% YoY growth. Revenue from this vertical grew 10% to ₹1,403 crore.
The part truckload business also posted solid gains, with tonnage up 15% and revenue increasing 17% to ₹508 crore. Service EBITDA margin for the segment surged to 10.7%, up sharply from 3.2% last year.
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However, other verticals like supply chain services, truckload, and cross-border logistics saw muted or declining revenue. The company said newer businesses such as Rapid and Direct are showing early promise and will be scaled in the months ahead.
CEO Sahil Barua said the company is optimistic about the upcoming festive season and continues to unlock operating leverage as volumes rise.
Ahead of earnings announcement, shares of the logistics major ended at ₹429.05, up 0.89% today on NSE.
