Delhivery Shares Jump 10% Following Q2 Swing to ₹41 Crore Net Profit

2 Nov 2026, 12:58 pm · 5h ago · 1 min read · Inc42

Shares of logistics company Delhivery rose up to 9.7% on the BSE after reporting a consolidated net profit of ₹40.6 crore for Q2 FY27, recovering from a net loss of ₹50.5 crore in Q2 FY26. Consolidated operating revenue increased 19.8% year-on-year to ₹3,066.4 crore from ₹2,559.3 crore, driven by growth in express parcel volumes. Total expenses increased 14.2% to ₹3,093 crore, with freight and handling costs reaching ₹2,195.1 crore. Following the turnaround, brokerage Equirus Securities upgraded Delhivery to a ‘Long’ rating, setting a target price of ₹505 per share.