Delhivery share price slumped over 8% following logistics services operator Q2 results. The logistics services operatora consolidated loss of ₹50.49 crore for the September quarter, compared to a profit of ₹10.20 crore during the same period last year.
However, its total income increased by 14.81% to ₹2,651.53 crore in the reviewed quarter, up from ₹2,309.33 crore in the previous year, according to a regulatory filing from the company.
On a standalone basis, the profit after tax (excluding integration costs related to Ecom Express) for Q2 FY26 was reported at ₹59 crore, in contrast to a PAT of ₹10 crore in the corresponding quarter the previous year, the company indicated in a statement.
For the second quarter, its revenue from services (excluding Ecom Express) rose by 16 percent to ₹2,546 crore, up from ₹2,190 crore in Q2 FY25, according to the statement.
In the express parcel sector, shipment volumes for the reporting quarter increased by 32 percent, reaching 246 million compared to 185 million in the second quarter of the previous year, according to the company’s statement, which noted that the Ecom acquisition helped consolidate Delhivery’s share of wallet with major clients.
The company also mentioned that alongside clients’ organic growth and robust festive demand, the momentum is carrying on into Q3 FY26.
In the part truckload segment, tonnage rose by 12 percent to 4.77 lakh metric tonnes in Q2 FY26, up from 4.27 lakh metric tonnes in the same quarter of FY25.
The revenue from supply chain services for the quarter was ₹170 crore, down from ₹197 crore in the second quarter of the last fiscal year, while truckload revenue for that quarter was ₹150 crore in Q2 FY26 compared to ₹158 crore in Q2 FY25, as reported by Delhivery.
(more to come)