Not Just Parcels, Delhivery Delivers Profits, 5 Quarters And Counting

Delhivery is proving to be one of the rare listed startups to have its profitability and growth marching in lockstep.

After closing FY25 staying in profit through every quarter, the Gurugram-based logistics major has kicked off FY26 with its highest-ever quarterly profit. In the first quarter of this fiscal, its revenue scaled INR 2,294 Cr, while net profit surged nearly 68% on-year to INR 91.1 Cr, striking a fine balance between expansion and operational efficiency. 

The performance matched steps with its boldest bet ever that sent the stock…