Delhivery Q4 results: Net profit sees slight dip to ₹72cr
What's the story
Leading logistics company Delhivery has reported a slight decline of 0.2% in its net profit for the fourth quarter (Q4) of FY26. The company's net profit stood at ₹72.4 crore, marginally lower than ₹72.6 crore in the same quarter last year. However, the company witnessed a significant jump in its revenue during this period, with a 30% year-on-year increase to ₹2,850 crore from ₹2,191.6 crore last year.
Financial performance
EBITDA surges by 80% YoY
Delhivery's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter rose by a whopping 80% to ₹214.2 crore from ₹119.1 crore in the same period last year. The company's EBITDA margin also saw a healthy expansion, growing to 7.5% from 5.4% in the corresponding quarter of the previous fiscal year.
Operational growth
Significant growth in express parcel volumes
In Q4 FY26, Delhivery reported a massive 72% year-on-year jump in its express parcel volumes to 306 million shipments. The company's PTL (Part Truck Load) freight volume also witnessed a healthy growth of 20%, reaching 549,000 metric tons during the same period. This operational growth is a testament to Delhivery's expanding footprint in the logistics industry.
Annual review
Highlights of FY26 performance
For the full fiscal year 2026, Delhivery's consolidated performance turned free cash flow positive at ₹89 crore. The company's service revenue crossed ₹10,486 crore while express parcel volumes reached a whopping one billion shipments. PTL freight volume stood at around two million metric tons, marking a 17% year-on-year increase. As of March 2026, the firm reported cash and cash equivalents of ₹4,555 crore.