Delhivery announced a consolidated loss of ₹50.4 crore in Q2 FY26, compared to a profit of ₹10.2 crore in the same period last year, despite revenue rising 16.9% YoY to ₹2,559.3 crore. The logistics company reported 32% higher shipment volumes, indicating operational expansion and customer base growth. Analysts note that the loss stems from higher fuel costs, network expansion, and increased workforce investments. Delhivery’s management emphasizes long-term growth strategy, aiming for cost efficiencies and improved profit margins in upcoming quarters while maintaining leadership in India’s rapidly growing e-commerce logistics sector.