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Logistics major Delhivery Ltd slipped into the red in the second quarter (July–September) of FY2025-26, as rising costs offset revenue growth. Despite a strong 17% year-on-year increase in income, the company reported a net loss for the quarter.
According to financial filings with the National Stock Exchange (NSE), revenue from operations stood at ₹2,559 crore, compared to ₹2,190 crore in the same period last year. Including non-operating income of ₹92 crore, the company’s total revenue reached ₹2,651 crore for the quarter.
However, due to rising expenses, Delhivery posted a net loss of ₹50 crore, against a profit of ₹10 crore in the same quarter last year. For the first half of FY26, the company’s profit dropped 37% to ₹40.5 crore, down from ₹64.5 crore in H1 FY25.
The company’s freight handling and servicing costs accounted for the largest share of expenses — 68% of total costs, which rose 12.5% year-on-year to ₹1,843 crore. While employee benefit expenses fell 22% to ₹425 crore, higher legal, depreciation, and overhead costs pushed total expenditure up 18% to ₹2,708 crore, compared to ₹2,294 crore a year earlier.
Delhivery’s core business segments include warehousing, last-mile delivery, and logistics management solutions, which continue to drive its operational growth despite margin pressures.
This article was originally published by the Franchiseindia.com. To read the full version, visit here 
