Delhivery reports Rs 2,805 Cr revenue in Q3 FY26, profit jumps 59%

Logistics company Delhivery announced its Q3 FY26 results on Saturday and reported an 18% year-on-year increase in revenue. At the same time, the company’s profit rose 59% to Rs 40 crore.

Delhivery’s revenue from operations grew 18% to Rs 2,805 crore in Q3 FY26 from Rs 2,378 crore in Q3 FY25, according to its financial statements filed with the National Stock Exchange (NSE).

Delhivery’s primary revenue came from its logistics services, including warehousing, last-mile delivery, and the design and deployment of logistics management systems. The company also earned Rs 77 crore from non-operating activities, which took its total revenue to Rs 2,882 crore in Q3 FY26.

For the logistics firm, freight handling and servicing costs accounted for 70% of total expenditure and rose 7.4% to Rs 1,980 crore in Q3 FY26. Employee benefit expenses declined marginally by 4% to Rs 410 crore, while depreciation and amortization costs stood at Rs 187 crore. Legal, finance, and other overheads added another Rs 243 crore, a 4% year-on-year increase.

An 18% rise in operating revenue and controlled expenditure helped the firm increase its profit by 59% to Rs 40 crore in Q3 FY26, compared with Rs 25 crore in Q3 FY25. Notably, the company had reported a loss of Rs 50 crore in the previous quarter

For the first nine months of the fiscal year ending March 2026, revenue from operations rose over 13% year-on-year to Rs 7,658 crore, while profit stood at Rs 88 crore.

In a separate exchange filing, Delhivery granted 70,900 employee stock options worth Rs 3 crore, based on the company’s current share price.

At the end of the last trading session, Delhivery’s share price stood at Rs 426.35, giving the company a market capitalization of Rs 31,903 crore (approximately $3.54 billion).