Delhivery Q2 FY27 results (Jul–Sep 2026) and concall

Services · Concall AI · Call held 30 Oct 2026

Company page: Delhivery share price, financials & guidance record

Delhivery had a record Q2 FY27 after a difficult Q1. Revenue crossed Rs. 3,000 Cr for the first time (Rs. 3,066 Cr, +20% YoY), Express volumes grew ~32% and PTL revenue grew ~23% on price revisions and yield gains. Management raised its tone on Express volumes (at least the upper end of 20-30% growth), committed to ~17% Express service EBITDA and 130-150 bps expansion in aggregated transportation margin for FY27, and said new businesses are scaling faster and burning less cash than planned. Weak spots were slower PTL tonnage growth (14.2%), delayed SCS enterprise wins, and MTM-driven volatilit

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What they filed

Q2 FY27: revenue up 0.0%, net profit up 15.5% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
Revenue	9	9	6	19	19 +111%	31 +244%	28 +367%	19 +0%
Expenses	2,095	1,919	1,969	2,243	2,397	2,433	2,555	2,636
EBITDA	109	122	159	155	236 +117%	238 +95%	175 +10%	229 +48%
Margin	5%	6%	7%	6%	9%	9%	6%	8%
Other income	100	35	133	97	48	52	116	61
Interest	33	34	34	35	34	33	32	33
Depreciation	138	145	144	160	177	181	181	191
Profit before tax	38	-22	114	57	73 +92%	76 +445%	78 −32%	67 +18%
Tax rate	0%	-6%	0%	-2%	-2%	-5%	0%	0%
Net profit	38	-20	114	58	74 +95%	80 +500%	78 −32%	67 +16%
EPS	0.51	-0.27	1.53	0.78	0.99	1.07	1.04	0.89

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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