The company’s net profit declined 65% year-on-year to ₹31.9 crore from ₹91.1 crore, while revenue from operations grew 28% to ₹2,930.7 crore from ₹2,294 crore.
EBITDA declined 4% year-on-year to ₹142.2 crore from ₹148.8 crore. The EBITDA margin stood at 4.9%, compared with 6.5% in the year-ago quarter.
Delhivery said its express parcel volumes stood at 322 million shipments in Q1 FY27, marking a 55% year-on-year increase, while Part Truck Load (PTL) volumes rose 18% year-on-year to 542,000 metric tonnes during the quarter.
AI and logistics initiatives
The company said that it rolled out SmartNDR, an AI-powered value-added service aimed at helping e-commerce brands reduce return-to-origin rates and improve delivery outcomes.
Delhivery also commissioned an Automated Storage and Retrieval System (ASRS) at client warehouses to automate operations and improve storage density and throughput.
The company launched Delhivery Maps, which it described as India’s first AI-native mapping suite powered by commercial logistics telemetry. The platform is now available as a standalone location intelligence service for enterprises and developers.
Board reappointments, subsidiary investment
The company has recommended the re-appointment of Sahil Barua as Managing Director and CEO for a five-year term from October 13, 2026 to October 12, 2031, subject to shareholder approval.
Kapil Bharati has also been recommended for re-appointment as Whole-time Director, Executive Director and Chief Technology Officer for the same five-year period, subject to shareholder approval.
Separately, the company said that the board approved investment of up to ₹50 crore in Delhivery Financial Services Private Limited, a wholly owned subsidiary, in one or more tranches.
Delhivery shares closed 1.90% higher at ₹472.40 on August 7 at NSE.
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