Delhivery reports strong Q1 results with profitability expansion

Delhivery reported Q1 FY26 revenue of INR 2,294 crores, up 6% year-on-year. EBITDA margins expanded to 6.5% from 5.4% in Q4 FY25. Net profit reached INR 91 crores, a 140 basis point expansion from Q1 FY25.

Express Parcel volumes grew 14% year-on-year to 208 million shipments. The Ecom Express acquisition was completed on July 18, 2025.