Logistics firm Delhivery posted its July-September quarter results (Q2) for the fiscal year 2025-26 (FY26)
The company reported Q2 revenue of Rs. 2,559 crore, reflecting a healthy 16.9% YoY jump.
Despite growth, Delhivery posted a net loss of Rs. 50.38 crore in Q2, reversing from a profit of Rs. 10.20 crore in the same quarter last year.
Shipment volumes for the Express Parcel business soared 32% YoY to 246 million orders in the quarter.
Part-truckload (PTL) volumes rose 12% YoY to 4.77 lakh MT, and revenue grew 15%, showing momentum in logistics cargo.
Delhivery incurred Rs. 90 crore in integration costs for the acquisition of Ecom Express; total integration costs are expected to be under Rs. 300 crore.
Excluding one-time costs, Q2 PAT stood at Rs. 59 crore, showing operational strength under the surface.
Delhivery launched “Rapid” (20 dark stores) and “Direct” intra-city delivery services as part of its next-gen logistics push.
In response to the loss and leadership change, Delhivery’s shares tumbled 6-8% after the results announcement.