Delhivery Q1FY27: Revenue ₹2,931 Cr, Express Shipments +55.2% YoY

Delhivery Ltd reported its financial results for the quarter ended June 30, 2026 (Q1FY27). The company experienced strong volume and revenue growth, with express shipments increasing by 55.2% YoY to 322 million and PTL freight growing 18.4% YoY to 542K MT. Overall revenue from services stood at ₹2,931 Cr, a 27.8% increase year-over-year. The company highlighted investments in automation, technology, and network expansion to maintain service quality amidst challenging external factors like labor availability and fuel costs. Delhivery Maps was launched to create new revenue streams. Capital expenditure was 3.1% of revenue, and net working capital remained at 9 days. The company anticipates continued growth and improved profitability in the upcoming periods.