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Marking its fifth consecutive profitable quarter, logistics major Delhivery reported a 67% increase in its consolidated net profit for Q1 FY26 to INR 91.1 Cr from INR 54.4 Cr in the year-ago quarter. Sequentially, profit rose 25% from INR 72.6 Cr.
Operating revenue grew 6% to INR 2,294 Cr during the quarter under review from INR 2,172.3 Cr in Q1 FY25. Sequentially, the top line saw a marginal growth from INR 2,191.6 Cr.
Delhivery’s EBITDA for the quarter under review zoomed 53% to INR 149 Cr from INR 97 Cr in the previous year’s quarter.
“We’re pleased with the strong start to the financial year. The improved profitability as a result of operating at a higher scale reaffirms the inherent operating leverage linked efficiencies in our business. We look forward to the upcoming festive sale season with optimism,” Delhivery CEO Sahil Barua said.
(The story will be updated soon)
The post Delhivery Q1: Profit Surges 67% YoY To INR 91 Cr appeared first on Inc42 Media.
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