Business · India Bureau
Delhivery shares surge on return to profitability in Q2 FY27
Delhivery's stock climbed 9% after the logistics firm posted a consolidated profit after tax of ₹40.6 crore for the September quarter, marking a significant turnaround from the ₹50.3 crore loss reported in the same period last year.
LSN India ·
The Gurugram-based courier and logistics company swung to profitability in the second quarter of fiscal 2027, delivering a consolidated PAT of ₹40.6 crore compared to a loss of ₹50.3 crore in Q2 FY26. The strong result boosted investor sentiment, with Delhivery's shares gaining 9% following the announcement.
The turnaround reflects improved operational efficiency and cost management measures implemented by the company over recent quarters. The logistics sector in India has witnessed increased demand from e-commerce and business-to-business segments, supporting revenue growth across major players.
Delhivery competes with established players in India's rapidly expanding logistics market, which has seen consolidation and modernization drive profitability improvements across the sector. The company's return to profitability comes as the logistics industry continues to benefit from rising consumer spending and digital commerce adoption across the country.