loading
loading
Logistics company Delhivery reported a 19.8% year-on-year growth in revenue in the second quarter of the ongoing fiscal year (Q2 FY27) and remained profitable during the period. Delhivery’s revenue from operations increased to Rs 3,066 crore in Q2 FY27 from Rs 2,559 crore in Q2 FY26, according to its financial statements sourced from the National Stock Exchange (NSE). The company primarily generates revenue from its logistics services, including freight handling, transportation and warehousing. It also recorded other income of Rs 67 crore, taking its total income to Rs 3,133 crore in Q2 FY27, compared with Rs 2,652 crore in Q2 FY26. Freight, handling and servicing costs remained Delhivery’s largest expense, accounting for 70.97% of its total expenses. This cost increased 19.1% to Rs 2,195 crore in Q2 FY27 from Rs 1,843 crore in the year-ago quarter. Employee benefit expenses increased 4.7% to Rs 446 crore from Rs 426 crore, while depreciation rose 11% to Rs 197.5 crore from Rs 178 crore. Finance costs declined 12.8% to Rs 34 crore, whereas other expenses remained largely flat at Rs 220 crore in Q2 FY27. Overall, the company’s total expenses rose 14.2% to Rs 3,093 crore in Q2 FY27 from Rs 2,708 crore in Q2 FY26. Delhivery posted a net profit of Rs 40.64 crore in Q2 FY27, compared with a net loss of Rs 50.50 crore in the corresponding quarter last year. The company had also posted a profit of Rs 32 crore in the first quarter of the ongoing fiscal year (Q1 FY27). On a half-yearly basis, Delhivery’s operating revenue grew 23.6% to Rs 5,997 crore in H1 FY27 from Rs 4,853 crore in H1 FY26. Its net profit increased 78.9% to Rs 72.55 crore from Rs 40.55 crore during the same period. Delhivery’s shares closed at Rs 386 apiece on Friday, taking the company’s market capitalisation to Rs 29,831 crore.
document fetched 2026-10-31 02:57