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Quarterly Results

DELHIVERY · Delhivery Limited · NSE · Filed 8 Aug · 1 min read

Delhivery reports Q1 FY27 profit; board re-appoints CEO and CTO for five years

The board re-appointed Sahil Barua and Kapil Bharati, cleared up to ₹50 crore for its NBFC subsidiary, and reported year-on-year revenue growth with lower profit.

What the board approved

At its meeting on August 8, 2026, Delhivery's board approved unaudited standalone and consolidated results for the quarter ended June 30, 2026, reviewed by Deloitte Haskins & Sells LLP with an unmodified conclusion. It also took two decisions subject to their respective conditions: the re-appointment of Managing Director and CEO Sahil Barua and Whole-time Director and CTO Kapil Bharati, each for five years from October 13, 2026 to October 12, 2031, subject to shareholder approval; and an investment of up to ₹50 crore in wholly-owned subsidiary Delhivery Financial Services Private Limited (DFSPL).

The quarter

On a consolidated basis, Delhivery remained profitable, with revenue from operations higher than the year-ago quarter. The filing notes that profit for the quarter was lower than both the immediately preceding quarter and the year-ago quarter, even as the top line grew year-on-year. The company reports as a single business segment, Logistics Services, with operations primarily based in India. The results carry the full effect of the Ecom Express and Spoton mergers folded into the group during the prior year.

The NBFC subsidiary

The commitment goes to DFSPL, incorporated on January 16, 2026 and set up to carry on non-banking finance activities. Per the filing, the funds will meet DFSPL's operational and business requirements, will be deployed in one or more tranches as needed, and require no prior regulatory approval. Delhivery already holds 100% of DFSPL, so its shareholding stays unchanged after the investment; the company disclosed the transaction as a related-party dealing done at arm's length.

Consolidated revenue from operations (Q1 FY26)
₹22,940.01 million → ₹29,307.30 millionQ1 FY26 → Q1 FY27+28%
Consolidated profit for the period (Q1 FY26)
₹910.46 million → ₹319.06 millionQ1 FY26 → Q1 FY27−65%
Net margin
4.0% → 1.1%Q1 FY26 → Q1 FY27−2.9 pp
Consolidated diluted EPS (Q1 FY27)
₹0.42
Standalone revenue from operations (Q1 FY27)
₹27,296.67 million
Standalone profit for the period (Q1 FY27)
₹781.99 million
Investment in DFSPL
Up to ₹50 crore
DFSPL paid-up share capital
₹12 crore

‡ Computed by us from the filing’s own figures — not a company-stated number.

For holders, the quarter pairs continued group profitability and year-on-year revenue growth with year-on-year lower profit, while the CEO and CTO re-appointments would extend the current management team through 2031 pending shareholder approval. The ₹50 crore funding of the NBFC subsidiary directs capital toward Delhivery's financial-services arm, which the filing describes only as meeting operational needs.

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