India Post posts record Q1 revenue of over ₹4,000 crore, up 22% YoY

India Post has recorded its highest-ever first-quarter revenue of more than ₹4,000 crore in the April-June period of 2026-27, registering a 22% year-on-year growth, Communications Minister Jyotiraditya Scindia said on Tuesday.

Chairing the Department of Posts' quarterly business review meeting, Scindia said India Post generated revenue of ₹4,009 crore in the first quarter against an annual target of ₹19,803 crore.

The revenue represents about 81% of the department's quarterly target of ₹4,951 crore and marks the first time India Post has crossed the ₹4,000-crore mark in the first quarter, according to an official statement.

In a post on X, Scindia said India Post achieved its "highest-ever Q1 turnover" of ₹4,008.95 crore in 2026-27.

The minister said the performance reflected the department's ongoing modernisation, business transformation and customer-focused service delivery.

Citizen Centric Services recorded the highest year-on-year growth of 86%, followed by Parcel at 50%, Mail at 42%, International Relations and Global Business at 34%, Postal Life Insurance/Rural Postal Life Insurance at 20%, and Post Office Savings Bank at 10%.

Andhra Pradesh, Chhattisgarh and West Bengal emerged as the top-performing postal circles overall during the quarter.

The minister also reviewed operational performance and said the number of Branch Post Offices reporting no business transactions fell sharply compared with the same period last year.

Nil-business transactions declined by more than 92% in Post Office Savings Bank, 97% in Postal Life Insurance/Rural Postal Life Insurance and 99% in Speed Post and Parcel services.

The department's Expenditure Coverage Ratio improved from 28% to 32%, including pension expenses, and from 41% to 47% excluding pension expenses, over the corresponding quarter of the previous financial year.

“While appreciating the progress achieved during the first quarter, the Union Minister observed that the Parcel, Mail and IR&GB business verticals require focused interventions during the remaining quarters,” the ministry said.

He directed the concerned Circles to intensify customer acquisition, strengthen engagement with corporate and institutional customers, expand strategic partnerships, and improve execution through regular monitoring and timely corrective measures.