DELHIVERY LIMITED

During the earnings conference call held on August 8, 2026, management reported that Delhivery achieved nearly Rs. 3000 Cr in revenues for Q1FY27, reflecting a 28% year-on-year growth. EBITDA was reported at Rs. 156 Cr, marking a 5% increase year-on-year. Management highlighted challenges such as labor shortages, weather disruptions, and geopolitical uncertainties affecting costs. Despite these challenges, the company delivered record volumes, with the express business growing 55% year-on-year. Management noted improvements in yield within the PTL business and a strong pipeline for new contracts. New initiatives, particularly Delhivery Direct, showed faster growth than anticipated. Management set a goal of achieving a GMV of over Rs. 250 Cr for FY27. The call concluded with management expressing optimism about the company's positioning for the year ahead, despite external challenges.

Management emphasized strong growth and record volumes despite external challenges.