Delhivery reports a robust start to the financial year with a 28% increase in revenue, signalling resilience amid labour shortages and macroeconomic challenges, and indicating continued scale benefits in India’s logistics sector.
Delhivery started the financial year with a stronger top line, reporting revenue of nearly ₹3,000 crore in the quarter ended June 30, 2026, up 28% from a year earlier, according to its earnings call transcript. EBITDA rose 5% to ₹156 crore, even as the logistics company dealt with labour shortages, election-related disruption and unfavourable weather across April, May and June. Sahil Barua, Delhivery’s chief executive, told analysts that the period had been a solid opening to the year despite those headwinds.
The latest numbers point to continued scale benefits at the Indian delivery group. In the same quarter a year earlier, Delhivery had reported revenue of ₹2,294 crore and net profit of ₹91.05 crore, with both Business Standard and Moneycontrol noting that profitability improved as the company operated at a larger scale. The newer results suggest that momentum has held up, with revenue growth far outpacing EBITDA growth, a sign that the business is still absorbing cost pressures while expanding.
Analysts following the company have said they expect strength to continue in Delhivery’s express and part-truckload segments, helped by record volumes. Arthneeti described the quarter as one in which both businesses showed robust growth, even as operational conditions remained difficult. For Delhivery, the immediate test will be whether it can keep that growth rate while sustaining margins through the rest of the year.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
