Delhivery’s Q2 revenue surged to ₹3,066 crore, a 20% jump YoY, while EBITDA climbed to ₹205 crore, pushing the margin to 6.7%. Net profit stood at ₹41 crore, a 1.3% margin.
Analysts had penciled in ₹2,900 crore revenue and ₹180 crore EBITDA for the quarter, so the company beat both targets by 5.8% and 14.4% respectively, according to the BSE filing.
The express parcel unit handled 325 million shipments, up 32% YoY, and generated a 22% rise in revenue, reinforcing its core logistics footprint amid a competitive e‑commerce market.
Part‑Truck Load volumes rose 14% to 545,000 metric tonnes, with revenue up 23% YoY, signalling healthy freight demand in the mid‑haul segment.
Ending September with ₹4,676 crore in cash, the company’s net profit margin of 1.3% was a modest lift over the ₹35 crore profit in Q1, yet management highlighted AI‑driven productivity gains and a robotics pilot that are expected to underpin a stronger H2. Shares dipped 3.02% to ₹386 on the BSE, but analysts see a resilient upside as the firm moves toward its FY27 roadmap.