3 weeks ago
Delhivery Q1 net profit plunges 65 pc in FY27
Delhivery is a company that moves packages and goods from one place to another, which is called a logistics company.
The company announced how much money it made in the first three months of its new financial year.
Its profit dropped a lot, by about 65 percent.
That means it earned Rs 32 crore this time, compared with Rs 91 crore last year.
But the company actually brought in more money from its business, about 28 percent more.
The problem was that it also had to spend much more money, about 29 percent more.
It paid for extra workers and extra network capacity because elections, weather problems and world troubles made finding workers hard.
Even though profit fell, the company got better at making money from each rupee of sales.
Delhivery's consolidated net profit fell 64.9% to Rs 32 crore in Q1 FY27, down from Rs 91 crore a year earlier.
Revenue from operations rose 27.8% to Rs 2,931 crore during the April-June quarter.
Total expenses climbed 29% year-on-year to Rs 3,011.6 crore.
EBITDA grew to Rs 214 crore, with margin improving to 7.5% from 5.4%.
The company cited labour availability issues from elections, climate disruptions, geopolitical uncertainty and labour code changes; shares closed flat at Rs 471.10.
- Who
- Delhivery, an Indian logistics services provider.
- What
- Reported a 64.9% decline in consolidated net profit to Rs 32 crore for Q1 FY27, despite a 27.8% rise in revenue from operations.
- Where
- India, reported from New Delhi.
- When
- First quarter of FY27 (April-June period), with results posted on Saturday.
- Why
- A challenging operating environment caused by labour availability issues linked to elections, climate-related disruptions, geopolitical uncertainty, changes in labour regulations, and a 29% rise in total expenses.
Key facts
- Company
- Delhivery
- Q1 FY27 net profit
- Rs 32 crore (down 64.9%)
- Year-ago net profit
- Rs 91 crore
- Revenue from operations
- Rs 2,931 crore (up 27.8%)
- Total expenses
- Rs 3,011.6 crore (up 29%)
- EBITDA
- Rs 214 crore (margin 7.5%)
- Share price (BSE)
- Rs 471.10, up 0.26%
- 52-week range
- Rs 374.40 - Rs 524.25
Quotes
Delhivery
Logistics services provider
“Q1 environment was particularly challenging owing to volatile labour availability owing to elections and climate disruptions, geopolitical uncertainty and statutory changes to labour codes, requiring us to take heightened measures to support network service quality in the form of buffer staff and network capacity,”
thehansindia.com











