Delhivery Q2 FY27 consolidated revenue Rs 3,066.38 cr, PAT Rs 40.64 cr
Results$DELHIVERY

Delhivery Q2 FY27 consolidated revenue Rs 3,066.38 cr, PAT Rs 40.64 cr

Delhivery’s consolidated Q2 FY27 revenue from operations rose to Rs 3,066.38 cr and PAT to Rs 40.64 cr from a loss of Rs 50.49 cr a year earlier.

Delhivery Ltd
Delhivery LtdReviewed and published by · How we report
2 min read
delhiveryq2 fy27earningsresultslogistics
ShareWhatsAppXLinkedIn

Key takeaways

  • Revenue from operations Q2 FY27: Rs 3,066.38 cr vs Rs 2,559.32 cr in Q2 FY26
  • Total income Q2 FY27: Rs 3,133.01 cr vs Rs 2,651.54 cr in Q2 FY26
  • Total expenses Q2 FY27: Rs 3,093.01 cr vs Rs 2,708.12 cr in Q2 FY26
  • PAT Q2 FY27: Rs 40.64 cr vs loss of Rs (50.49) cr in Q2 FY26
  • Basic EPS Q2 FY27: Rs 0.54 vs Rs (0.68) in Q2 FY26

Q2 FY27 · consolidated

MetricSep 2026Sep 2025Change
RevenueRs 3,066.38 crRs 2,559.32 cr+19.8%
PATRs 40.64 crRs (50.49) crNA

As reported in the filing. Figures are transcribed, not computed.

What the numbers show

  • Net margin was 1.33% of revenue, up 329 bps from -1.97%.
  • Revenue rose 19.8% while total expenses rose 14.2%.

• Revenue from operations (Q2 FY27): Rs 3,066.38 cr vs Rs 2,559.32 cr in Q2 FY26
• Total income (Q2 FY27): Rs 3,133.01 cr vs Rs 2,651.54 cr in Q2 FY26
• Total expenses (Q2 FY27): Rs 3,093.01 cr vs Rs 2,708.12 cr in Q2 FY26
• Employee benefits expense (Q2 FY27): Rs 446.28 cr vs Rs 425.58 cr in Q2 FY26
• Finance costs (Q2 FY27): Rs 34.02 cr vs Rs 38.86 cr in Q2 FY26
• Depreciation and amortisation expense (Q2 FY27): Rs 197.49 cr vs Rs 178.11 cr in Q2 FY26
• Other expenses (Q2 FY27): Rs 220.13 cr vs Rs 222.68 cr in Q2 FY26
• Profit/(Loss) before tax (Q2 FY27): Rs 38.99 cr vs Rs (53.22) cr in Q2 FY26
• Profit/(Loss) for the period (PAT) (Q2 FY27): Rs 40.64 cr vs Rs (50.49) cr in Q2 FY26
• Basic EPS (Q2 FY27): Rs 0.54 vs Rs (0.68) in Q2 FY26
• Diluted EPS (Q2 FY27): Rs 0.53 vs Rs (0.68) in Q2 FY26

According to the statement of consolidated unaudited financial results for the quarter and half year ended September 30, 2026 (quarter ended September 30, 2026 column versus the corresponding quarter ended September 30, 2025), Delhivery reported higher revenue from operations of Rs 3,066.38 cr in Q2 FY27 compared with Rs 2,559.32 cr in Q2 FY26. Total income, which includes other income, increased to Rs 3,133.01 cr from Rs 2,651.54 cr over the same period.

On the cost side, total expenses were Rs 3,093.01 cr in Q2 FY27 versus Rs 2,708.12 cr a year earlier. Freight, handling and servicing costs rose to Rs 2,195.09 cr from Rs 1,842.89 cr. Employee benefits expense moved to Rs 446.28 cr from Rs 425.58 cr, while depreciation and amortisation expense increased to Rs 197.49 cr from Rs 178.11 cr. Finance costs were Rs 34.02 cr in Q2 FY27 compared with Rs 38.86 cr in Q2 FY26, and other expenses were Rs 220.13 cr versus Rs 222.68 cr.

Profit/(Loss) before tax improved to Rs 38.99 cr in Q2 FY27 from a loss of Rs (53.22) cr in Q2 FY26. After a total tax expense of Rs (1.65) cr in Q2 FY27 versus Rs (2.73) cr in Q2 FY26, profit/(loss) for the period (PAT) moved to Rs 40.64 cr from a loss of Rs (50.49) cr. Basic earnings per equity share for the quarter were Rs 0.54 compared with Rs (0.68) a year earlier, and diluted EPS were Rs 0.53 versus Rs (0.68) in the corresponding prior quarter.

Track Delhivery Ltd

Cruxal reads every Delhivery Ltd filing as it lands, scores what it means for the stock, and emails you the ones that matter. Free to start.

Get every filing that moves a stock

One email before the open, with the day's filings that actually shifted a price — the number, the source document and what the market did with it. Free, and you can unsubscribe from any issue.

Cruxal publishes market coverage for information only. Nothing here is investment advice.

Delhivery Q2 FY27 Results: Revenue Rs 3,066.38 cr | Cruxal