Delhivery posts first quarter above ₹3,000 crore revenue as EBITDA nearly triples

what happened

India's logistics company Delhivery Ltd said on Friday, October 30, that its quarterly revenue topped ₹3,000 crore for the first time ever, according to TradingView. Revenue from services climbed 20% year on year to ₹3,066 crore in the second quarter of FY27. EBITDA almost tripled from a year earlier to ₹205 crore, a 6.7% margin, while consolidated net profit came in at ₹41 crore, or 1.3% of revenue.

Its express parcel unit handled 325 million shipments, up 32%, and segment revenue rose 22%. Part Truck Load volumes grew 14% to 545,000 metric tonnes, with revenue up 23%. Cash on hand at the end of the September quarter stood at ₹4,676 crore.

The company said margins improved sequentially despite cost inflation, higher fuel prices and labour shortages, and it reported its best service levels ahead of the festive season. It is also deploying AI and robotics, with early gains in sales, customer onboarding and fraud detection.

why it matters

For investors, the combination of faster revenue growth and a sharp margin rebound stands out, though the net margin remains thin at 1.3%. The story mainly concerns one company rather than the wider market.

market impact

Delhivery shares: stronger profit and margin figures support the stock

• ▲Delhivery shares pressure up — higher EBITDA and margins improve the company's earnings outlook

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instruments