{
  "id": 17767573,
  "title": "Delhivery Shares Jump Nearly 10% After Q2 Swing To ₹41 Cr Profit",
  "url": "https://urgent.news/2026/11/02/delhivery-shares-jump-nearly-10-after-q2-swing-to-41-cr-profit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T07:28:10.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/delhivery-shares-jump-nearly-10-after-q2-swing-to-%e2%82%b941-cr-profit/"
  },
  "original_language": "en",
  "account": "Delhivery's shares surged nearly 10% following the logistics firm's Q2 FY27 results, which reported a consolidated net profit of ₹40.6 Cr, marking a stark contrast to the ₹50.5 Cr net loss posted a year earlier. The stock reached an intraday high of ₹423.35 on the BSE before settling at ₹415.40 by 12:12 IST. Delhivery's market capitalization stood at ₹31,135.2 Cr during this period. Brokerage Equirus Securities upgraded Delhivery to a 'Long' rating, citing a target price of ₹505, suggesting a 30.8% upside from the stock's previous close of ₹386. The firm anticipates revenue growth at 21% per annum, EBITDA growth at 39%, and express parcel volumes growth at 22% between FY26 and FY29. Delhivery's Q2 FY27 consolidated operating revenue climbed 19.8% to ₹3,066.4 Cr, up from ₹2,559.3 Cr a year prior. Express parcel volumes expanded 32.1% year-on-year to 325 million shipments, propelled by market share gains and increasing demand. Equirus highlighted that Delhivery's revenue, EBITDA, and express parcel volumes were predicted to grow at compound annual growth rates of 21%, 39%, and 22%, respectively, between FY26 and FY29.",
  "summary": "Shares of Delhivery jumped 9.7% to an intraday high of ₹423.35 on the BSE after the logistics company reported a…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}