Logistics company Delhivery reported revenue from operations of ₹3,066 crore in the second quarter of FY27, registering 19.8% growth compared with ₹2,559 crore in the corresponding quarter of the previous financial year.
The company remained profitable during the quarter, reporting a net profit of ₹40.64 crore against a net loss of ₹50.50 crore in Q2 FY26, according to its financial statements sourced from the National Stock Exchange.
Delhivery’s total income, including other income of ₹67 crore, stood at ₹3,133 crore in Q2 FY27, compared with ₹2,652 crore in the year-ago quarter.
Freight, handling and servicing costs continued to account for the largest share of the company’s expenses. These costs increased 19.1% to ₹2,195 crore during the quarter from ₹1,843 crore in Q2 FY26, representing 70.97% of total expenses.
Employee benefit expenses rose 4.7% to ₹446 crore from ₹426 crore in the corresponding quarter last year. Depreciation increased 11% to ₹197.5 crore from ₹178 crore, while finance costs declined 12.8% to ₹34 crore. Other expenses remained largely flat at ₹220 crore.
Delhivery’s total expenses increased 14.2% to ₹3,093 crore in Q2 FY27 from ₹2,708 crore in the year-ago period.
The company had also reported a profit of ₹32 crore in the first quarter of FY27, continuing its return to profitability during the current financial year.
For the first half of FY27, Delhivery’s revenue from operations grew 23.6% to ₹5,997 crore from ₹4,853 crore in H1 FY26. Its net profit increased 78.9% to ₹72.55 crore from ₹40.55 crore during the same period.
Delhivery’s shares closed at ₹386 apiece on Friday, October 30, taking its market capitalisation to ₹29,831 crore.
The quarterly results reflect growth in the company’s operating revenue and a return to profit compared with the same period last year.
