Delhivery Ltd

Delhivery announced that it is advancing the development of digital mapping solutions tailored specifically to Bharat's complex geography and unique addressing systems with NVIDIA AI. Announced at the India AI Summit, Delhivery aims to leverage NVIDIA accelerated computing, NVIDIA CV-CUDA, and NVIDIA Nemotron open models to design highly accurate, scalable and locally relevant maps to support India's growing digital economy by unlocking the potential of Delhivery's petabytes of proprietary data accumulated over several years. Key capabilities being evaluated include address disambiguation to distinguish between phonetically similar addresses and localities, contextual inference to decipher unstructured descriptions, and predictive sequencing to optimize last-mile routes in dense, unplanned urban areas. India's geographic diversity, rapid urbanization and unique addressing systems present a distinct challenge for conventional mapping tools built for other nations. Addresses in the Indian subcontinent are often unstructured, relying heavily on community landmarks, variable sequencing, and local vernacular rather than standardized global coordinates. Through this collaboration, Delhivery aims to harness NVIDIA's open models to tackle critical hurdles unique to India. 'Bharat needs mapping solutions that operate at scale and can understand the pulse of its streets. Standard global mapping tools often struggle with nuances of Indian addresses. By combining Delhivery's dataset of billions of shipments with NVIDIA's accelerated computing, we are exploring a location intelligence layer to power India's digital growth,' said Kapil Bharati, Co-founder & Chief Technology Officer, Delhivery.Powered by Capital Market - Live

The company will deploy EVs across North East India, Bengaluru, and Hyderabad, marking a significant step in the company's roadmap to scale green logistics. The collaboration introduces a specialized EV-as-a-Service leasing model designed to accelerate the transition for Delhivery's delivery partners. By eliminating high upfront costs and technical barriers, the model ensures that the shift to an electrified last-mile ecosystem is both operationally seamless and financially lucrative for the gig workforce. This partnership signals a move toward a nationwide, systematic replacement of traditional internal combustion engine (ICE) vehicles. The initiative follows a successful pilot in Delhi-NCR and Bengaluru, where the transition to RIDEV's electric two-wheelers resulted in the reduction of 4,260 Kg of CO2 and lowering daily operational costs for riders by more than 50%. Following the current rollout, a phased expansion is planned for major hubs, including Mumbai, Pune, Chennai, and Goa, aiming to eliminate tailpipe emissions and align with India's PM E-DRIVE objectives for a cleaner transportation future. Prashant Gazipur, senior vice president of last mile operations at Delhivery, said, 'Electrification is a fundamental shift in our approach to last-mile logistics, our partnership with RIDEV is a transformative step in our journey toward sustainable last-mile operations. By providing our delivery partners with a low-friction entry into electric mobility, we are not only advancing our carbon neutrality goals but also significantly enhancing the economic well-being of our riders through reduced operational overheads, Manish Kumar Jain, founder, RIDEV, said, 'Integrating our tech-backed fleet into Delhivery's network accelerates the transition to green logistics while simplifying daily work for the gig economy, our platform allows riders to focus on performance while we manage the complexities of energy and maintenance.' Delhivery is India's largest fully-integrated logistics services provider. With its nationwide network covering over 18,850 pin codes, the company provides a wide range of logistics services such as express parcel transportation, PTL freight, TL freight, cross-border, supply chain, and technology services. The company's consolidated net profit jumped 58.5% to Rs 39.61 crore on 17.9% increase in revenue from operations to Rs 2,804.99 crore in Q3 FY26 over Q3 FY25.Powered by Capital Market - Live

Net profit of Delhivery rose 58.50% to Rs 39.61 crore in the quarter ended December 2025 as against Rs 24.99 crore during the previous quarter ended December 2024. Sales rose 17.94% to Rs 2804.99 crore in the quarter ended December 2025 as against Rs 2378.30 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2804.992378.30 18 OPM %7.444.21 - PBDT250.62165.54 51 PBT64.0423.81 169 NP39.6124.99 59 Powered by Capital Market - Live

Delhivery will hold a meeting of the Board of Directors of the Company on 31 January 2026.Powered by Capital Market - Live

Delhivery announced the incorporation of Delhivery UK as s a wholly-owned subsidiary of Delhivery Singapore, which is a wholly owned subsidiary of the Company. Consequently, Delhivery UK has become a step-down wholly owned subsidiary of the Company with effect from 15 January 2026. Powered by Capital Market - Live

Delhivery has allotted 1,96,962 equity shares under ESOP on 09 January 2026. Consequent to the above allotment, the paid-up share capital of the Company stands increased from Rs. 74,80,95,781/- to Rs. 74,82,92,743/-. Powered by Capital Market - Live

Revenue from operations increased 16.87% year on year to Rs 2,559.32 crore in Q2 FY26. During the quarter, the company reported a loss before tax of Rs 53.22 crore, compared to a profit before tax of Rs 53.21 crore in the same quarter last year. EBITDA stood at Rs 68 crore in Q2 FY26, up 19.29% compared with Rs 57 crore in Q2 FY25. EBITDA margin fell to 2.6% in Q2 FY26 as against 2.7% in Q2 FY25. In Q2 FY26, Express Parcel reported shipment volumes of 246 million, reflecting a 32% YoY increase from 185 million in Q2 FY25. This growth was driven by the Ecom acquisition, which consolidated Delhivery's share of wallet with key clients, along with strong organic growth and robust festive demand. Revenue for the quarter rose 24% YoY to Rs 1,611 crore from Rs 1,298 crore in Q2 FY25, while service EBITDA margin improved slightly to 15.3% from 15.1% in the same quarter last year. The company expects the positive momentum to continue into Q3 FY26. In Q2 FY26, the Part Truck Load business recorded tonnage of 477,000 MT, marking a 12% YoY increase from 427,000 MT in Q2 FY25. Revenue grew 15% YoY to Rs 546 crore from Rs 474 crore in the same quarter last year, while service EBITDA margin improved significantly to 8.5% from 2.9% in Q2 FY25, reflecting operational leverage and efficiency gains. In Q2 FY26, the company's other businesses delivered mixed performance. Supply Chain Services reported revenue of Rs 170 crore, down from Rs 197 crore in Q2 FY25. Truckload revenue stood at Rs 150 crore, compared with Rs 158 crore in the same quarter last year. Cross Border Services generated revenue of Rs 38 crore, down from Rs 59 crore in Q2 FY25. Delhivery, India's largest fully integrated logistics service provider, announced that Vivek Pabari, head of Corporate Finance, Treasury, and Investor Relations, will take over as Chief Financial Officer from Amit Agarwal, effective January 1, 2026. Amit Agarwal, who has served the company for 13 years, resigned for personal reasons and will remain in his role until 31 December 2025. Joining Delhivery in August 2012 as a Vice President in the operations team, Agarwal held several roles before becoming CFO in December 2018 and played a key role in the company's public listing and major acquisitions, including SpotOn and Ecom Express. Commenting on his departure, Delhivery CEO Sahil Barua said, 'Amit has been a foundational member of Delhivery and has played an invaluable part in the company's journey. On behalf of the founders and the Board, we extend our deepest gratitude and wish him the very best for the future.' Agarwal expressed his thanks to the company, saying, 'It has been a privilege to be part of the company's journey from its earliest days.' Vivek Pabari, who joined Delhivery in June 2021 and was a key member of the team that took the company public, was earlier an investment banker at Deutsche Bank and holds a PGDM in Finance from IIM Bangalore and a B.Tech in Information & Communication Technology. Barua added, 'Vivek understands our business and operations in detail and is a thoughtful and mature leader who commands respect across the management team, Board, and investor community. We are confident he will lead the company successfully for several years ahead.' Meanwhile, Delhivery proposes to incorporate a wholly owned subsidiary, Delhivery Financial Services (or such other name as may be approved), in India, with an initial investment of up to Rs 12 crore. The subsidiary will operate in the financial services sector, providing credit, payment solutions, FASTag aggregation, fuel cards, and insurance services to Delhivery's partners, including truckers, fleet owners, riders, and MSMEs, thereby supporting the logistics network, improving operational efficiency, and enhancing liquidity access. As the entity is yet to be incorporated, turnover is not applicable, and 100% of the share capital will be subscribed by Delhivery and its nominee. Incorporation will be completed subject to approvals from relevant authorities, including the Registrar of Companies, and will be treated as a related party once established. Delhivery is India's largest fully-integrated logistics services provider. With its nationwide network covering over 18,850 pin codes, the company provides a wide range of logistics services such as express parcel transportation, PTL freight, TL freight, cross-border, supply chain, and technology services. Powered by Capital Market - Live

Net loss of Delhivery reported to Rs 50.38 crore in the quarter ended September 2025 as against net profit of Rs 10.20 crore during the previous quarter ended September 2024. Sales rose 16.88% to Rs 2559.32 crore in the quarter ended September 2025 as against Rs 2189.73 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2559.322189.73 17 OPM %2.662.32 - PBDT124.89139.89 -11 PBT-53.228.62 PL NP-50.3810.20 PL Powered by Capital Market - Live

Delhivery has approved the grant of 2,74,450 stock options under Delhivery Employees Stock Option Plan IV, 2021 (ESOP IV 2021) to the eligible employees of the Company on 04 November 2025. Powered by Capital Market - Live

Delhivery will hold a meeting of the Board of Directors of the Company on 5 November 2025.Powered by Capital Market - Live