Delhivery profit surges 67% in Q1 FY26 report

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Gurugram, India — Delhivery Ltd isn’t just posting numbers; it’s sending a message. Delhivery profit surges 67% YoY jump in net profit to ₹91 crore in Q1 FY26, up from ₹54 crore last year — a clear sign of its operational finesse amid booming demand in logistics, e-commerce, and D2C sectors.

The company’s regulatory filing spells it out clearly: revenue from operations reached ₹2,194 crore, marking a respectable 12% boost over Q1 FY25’s ₹1,957 crore. But the real kicker? Its adjusted EBITDA margin soared to 7.8%, more than doubling last year’s 3.5%. That’s not luck — that’s strategy, grit, and a whole lot of operational retooling.

“Our teams continue to stay razor-focused on operational excellence and scalable growth,” said Kapil Bharati, Executive Director and CTO at Delhivery.

1. Core Business Snapshot

Delhivery’s express parcel segment brought in ₹1,395 crore in Q1 FY26, marking a 9% YoY increase, with shipment volumes climbing to 193 million from 180 million last year. This strong growth, fueled by India’s booming e-commerce and rising D2C demand, played a key role in the company’s stellar performance as Delhivery profit surges 67% — showcasing how its core logistics operations continue to drive both scale and profitability.

Meanwhile, its freight segment — including both partial truckload (PTL) and full truckload (FTL) services — isn’t sitting quietly either. It’s holding its ground with double-digit growth, thanks to a steadily expanding fleet network and deeper warehouse penetration across the country.

2. Automation, AI & Next-Gen Logistics Infrastructure

Here’s where things get interesting. Delhivery is no longer just a delivery company — it’s morphing into a tech-first logistics brain. This quarter, it fired up two brand-new automated sortation hubs. The result? Quicker dispatches, tighter accuracy, and fewer logistical hiccups.

The integration of AI for route optimization, digitized freight booking, and smart warehousing isn’t just buzzword fluff — it’s actually trimming down per-shipment costs and widening profit margins. This is what scaling with precision looks like.

3. Supply Chain Stack Gains Ground

Beyond moving packages, Delhivery’s tech-powered supply chain solutions are catching fire. Delhivery’s SaaS and enterprise logistics grew over 20% YoY, driven by strong adoption from sectors like fashion, FMCG, and healthcare, especially in Tier-II and Tier-III cities seeking tech-enabled fulfillment

That narrative is shifting, fast.

4. Financial Stability & Future Investments

Delhivery’s expenses rose modestly from ₹2,080 crore to ₹2,127 crore, reflecting tight cost control despite growing shipment volumes — a rare feat for a fast-scaling startup.

And with ₹2,750 crore sitting in its cash reserve, Delhivery isn’t just stable — it’s locked and loaded. The company is doubling down on automation, digital tools, and physical infrastructure in high-growth pockets across India.

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