Delhivery Shares Jump Nearly 10% After Q2 Swing To ₹41 Cr Profit

Delhivery reported a consolidated net profit of ₹40.6 Cr in Q2 FY27, reversing a year-earlier loss of ₹50.5 Cr, sending shares up 9.7% intraday. Operating revenue grew 19.8% to ₹3,066.4 Cr while expenses rose 14.2%, reflecting better operational efficiency. Brokerage Equirus Securities upgraded the stock to 'Long' with a ₹505 target, projecting 21–39% CAGRs in revenue and EBITDA through FY29.

Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Inc42 did the reporting; read the original for the full story.