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Delhivery Q1 Results: Profit Tumbles 65% As Margin Contracts; Revenue Up 28%

Delhivery's ebitda margin contracted 4.8% year-on-yearagainst 6.5%.

Delhivery Q1 Results: Profit Tumbles 65% As Margin Contracts; Revenue Up 28%
Image: NDTV Profit

Delhivery declared first quarter earnings for fiscal 2027 on Saturday, April 8, 2026, reporting 64.9% drop in net profit. The company's bottomline came at Rs 32 crore in the quarter against Rs 91 crore in the corresponding period last year.

Revenue rose 27.8% to Rs 2,931 crore for the quarter ended on June 30 from Rs 2,294 crore in the same quarter previous year. In terms of operations, Ebitda dropped 4.5% to Rs 142 crore in the quarter under review from Rs 149 crore in Q1FY26. Ebitda margin contracted 4.8% year-on-year against 6.5%.

(This is a developing story.)

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