Delhivery Q1 results: Net profit soars 67% YoY to ₹91 crore; EBITDA margin expands

The logistics company’s revenue from contracts grew 6% YoY to ₹2,294 crore during the quarter under review, compared to ₹2,172 crore in the June quarter of FY25.

At an operational level, the firm’s EBITDA (earnings before interest, tax, depreciation and amortization) stood at ₹149 crore in the June FY26 quarter, marking a 53% YoY surge from ₹97 crore in the year-ago period.

Its EBITDA margin expanded to 6.5% in the first quarter of FY26 from 4.5% in Q1FY25.

The firm’s shipment volumes stood at 20.8 crore in Q1FY26, growing 14% YoY from 18.3 crore in the first quarter of FY25.

Commenting on the results, Sahil Barua, the Managing Director and Chief Executive Officer of Delhivery, said: “We’re pleased with the strong start to the financial year. The improved profitability as a result of operating at a higher scale reaffirms the inherent operating leverage linked to efficiencies in our business. We look forward to the upcoming festive sale season with optimism.”

Delhivery stock performance

Shares of Delhivery closed 0.89% higher at ₹429.05 apiece on the National Stock Exchange (NSE) on Friday. However, the results were announced after the market closed.

The stock surged 1.06% over the week and 11.09% in July. The scrip rose 50.06% in the first quarter of FY26 and 24.18% on a year-to-date basis.

While the share hit a 52-week high of ₹449.45 on July 24, 2025, it touched a year’s low of ₹236.53 apiece on March 13, 2025.

Delhivery has a total market capitalisation of ₹32,032.53 crore, as of August 1, 2025, as per data on the NSE.