Delhivery Q4 revenue jumps 30% to Rs 2,850 Cr, but profit stalls as costs climb
Delhivery posted 30% YoY Q4 FY26 revenue growth to Rs 2,850 Cr, yet profit stayed flat at Rs 72.3 Cr as freight costs rose 28% and employee costs 23.7%. Full-year profit slipped 6% to Rs 152.5 Cr despite 17.6% topline growth, signalling margin pressure for India's largest 3PL.
What happened
Delhivery's Q4 FY26 revenue rose 30% YoY to Rs 2,850 cr, but profit stayed flat at Rs 72.3 cr as freight and employee costs climbed. FY26 profit declined 6% to
Key facts
- Q4 revenue Rs 2,850 cr (+30% YoY)
- Q4 profit Rs 72.3 cr (flat)
- FY26 revenue Rs 10,508 cr (+17.6%)
- FY26 profit Rs 152.5 cr (-6%)
- Freight costs Rs 2,006 cr (+28%)
- Employee costs Rs 417 cr (+23.7%)
- Market cap Rs 35,654 cr
- Nexus block deal Rs 716 cr
Why this matters
Margin compression at India's largest 3PL opens a window to acquire stressed regional logistics players or pursue vertical tie-ups that lock in freight capacity at favorable rates.
Also reported by
- Entrackr — Same time