Delhivery Revenue Crosses ₹3,000 Crore as Q2 EBITDA Triples
Delhivery reported quarterly revenue from services of ₹3,066 crore in Q2FY27, crossing the ₹3,000-crore mark for the first time, while EBITDA tripled year-on-year to ₹205 crore.
Delhivery reported quarterly revenue from services of ₹3,066 crore in Q2FY27, crossing the ₹3,000-crore mark for the first time, while EBITDA tripled year-on-year to ₹205 crore. The logistics provider also recorded a consolidated profit after tax (PAT) of ₹41 crore, as growth across its express parcel and part truckload (PTL) businesses supported improved profitability.
Revenue from services rose 20% year-on-year, while EBITDA margin stood at 6.7%. The company reported continued cost pressures from fuel prices, labour availability and statutory changes, but said network service levels ahead of the festive season were the strongest it had recorded.
Delhivery handled 325 million express parcel shipments during the quarter, up 32% year-on-year, with revenue from the business increasing 22%.
Its PTL business recorded 545,000 metric tonnes of freight during Q2FY27, a 14% year-on-year increase. PTL revenue grew 23% over the same period.
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