Delhivery shares soar 10% on reporting ₹41 crore profit vs YoY loss, EBITDA margin improves in Q2

The logistics solution provider posted a consolidated net profit of ₹40.64 crore for the quarter under review, compared with a loss of ₹50.38 crore in the same period last year.

Furthermore, its profit grew 27.4% quarter-on-quarter (QoQ) from ₹31.91 crore in the June quarter of FY27 (Q1 FY27), according to a regulatory filing dated October 30.

The firm’s consolidated revenue from operations advanced 19.81% year-on-year (YoY) to ₹3,066.38 crore during the quarter under review, as against ₹2,559.32 crore in the September quarter of the 2025-26 fiscal year (Q2 FY26).

Its express parcel volume recorded a 32% YoY increase to 325 million shipments in Q2 FY27. Additionally, its part truckload (PTL) saw a 14% YoY jump to 545K MT for the quarter.

At an operational level, its adjusted EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹123 crore for the quarter ending September 2026, marking a % YoY surge from ₹83 crore in the year-ago period.

Its adjusted EBITDA margin improved by 70 basis points (bps) YoY to 4% for the reporting quarter, in contrast to 3.3% in the second quarter of FY26, as per its investor presentation.

At the same time, its reported EBITDA jumped to ₹205 crore compared to ₹68 crore in the same period last year. The EBITDA margin also expanded from 2.7% in Q2 FY26 to 6.7% in Q2 FY27.

“Despite a volatile macro environment due to rising fuel prices, labour availability issues and multiple statutory changes, network service levels heading into the festive season have been the best we have recorded, while profitability improved. This gives our teams strong momentum heading into the second half of FY27,” Delhivery said in a press release.

Delhivery share trend

At around 12:21 PM, the stock stood at ₹415 per equity share, registering a 7.51% increase.

The scrip has rallied 11% in the past week and 4% over the month. On a year-to-date (YTD) basis, it has gained 4%.

While the shares hit a 52-week high of ₹524 apiece on July 10, 2026, they touched a year’s low of ₹364.65 per unit on October 26, 2026.

Delhivery has a total market capitalisation of ₹31,123.92 crore as of November 4, 2026, according to data on the NSE.