Delhivery lifts revenue 20% and swings back to net profit
Delhivery's revenue rose 20% year on year in the quarter ended September, and it posted a 41 crore net profit versus a loss a year earlier, per Moody's.
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what happened
Indian logistics company Delhivery reported a 20% year-on-year increase in operating revenue to 3,066 crore for the September quarter. The growth came mainly from its transport services business, which covers ecommerce shipments and part-truck load transportation.
The company posted a net profit of 41 crore, compared with a 50 crore net loss in the same quarter last year. According to Moody's, the swing reflects improving unit economics over the past few quarters. In April–June, Delhivery had earned 32 crore in net profit.
Express parcel, its largest business, grew volumes 32% year on year and revenue 22%. The company said October volumes had exceeded its initial expectations, which it described as an encouraging start to the October–December quarter, a period that usually carries much of the festive shopping season.
why it matters
The festive shopping season falls in October–December, so stronger delivery demand typically supports results at logistics and ecommerce-linked companies. For investors, the key questions are whether Delhivery can sustain its return to profit and keep volume growth steady in the coming quarters.
market impact
Delhivery: revenue growth and a return to profit support interest in the company's shares
tags
instruments
sources
- Delhivery Extends Profit Streak — Moody's, 31 October 2026 at 04:12 UTC
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