Delhivery Q1 Results: Profit Jumps 67%, Revenue Rises
Margin at 6.5% versus 4.5% in the year-ago period.
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Delhivery Ltd.'s consolidated net profit surged 67% during the quarter ended June 30 of the current fiscal.
The company's bottom line soared to Rs 91.05 crore in the first quarter from Rs 54.36 crore in the year-ago period, according to an exchange filing on Friday.
The Gurugram-based firm's top line climbed to Rs 2,294 crore, representing a 5.6% rise for the April-June period, compared to Rs 2,172.30 crore for the same period last year.
Delhivery Q1FY26 Highlights (Consolidated, YoY)
Revenue up 5.6% to Rs 2,294 crore versus Rs 2,172.3 crore.
Net profit up 67% to Rs 91.05 crore versus Rs 54.36 crore.
Ebitda up 53% to Rs 148.82 crore versus Rs 97.06 crore.
Margin at 6.5% versus 4.5%.
Shares of Delhivery closed 1.08% higher at Rs 429.85 apiece on the NSE. Out of the 24 analysts tracking the company, 19 have a 'buy' rating on the stock, three maintain 'hold' and two gave 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential downside of 4%.
