Delhivery Returns to Profit as Second-Quarter Revenue Climbs 20%
Delhivery reported a 20% revenue rise to 3,066 crore and a 41 crore net profit for the September quarter, 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 rise in operating revenue, to 3,066 crore for the September quarter. Growth came mainly from its transport services, including ecommerce shipments and part-truck load transportation.
The company posted a net profit of 41 crore, against a net loss of 50 crore in the same quarter last year. Delhivery said the turnaround matched improving unit economics over recent quarters. In the April-June period it had earned 32 crore in net profit.
Express parcel volumes grew 32% year on year, with revenue up 22%. In a letter to shareholders, the company said October volumes had exceeded its initial expectations. It also laid out four initiatives to sustain growth through the rest of the fiscal year, including faster same-day and next-day delivery.
why it matters
Rival Shadowfax reported on Thursday a 57% rise in operating revenue to 1,538 crore and a fivefold jump in net profit to 68 crore. Investors will watch the October-December quarter, when most festive shopping falls, as a key test for logistics and ecommerce companies.
market impact
Delhivery shares: revenue growth and a return to profit support the stock; logistics sector benefits from the festive season.
- Delhivery shares pressure up — revenue growth and a swing to net profit improve the outlook for the company
tags
instruments
sources
- Delhivery Swings to Black as Revenue Rises 20% in 2nd Qtr — Moody's, 31 October 2026 at 04:13 UTC
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