Delhivery Limited announced the incorporation of a wholly owned subsidiary, Delhivery Fintech Distribution Private Limited, after receiving approval from the Ministry of Corporate Affairs on June 2, 2026.
The announcement comes alongside the company's Q4 FY26 financial performance, which showed strong revenue growth and improved operating profitability during the quarter.
Pursuant to its earlier disclosure dated May 16, 2026, Delhivery informed the exchanges that the Ministry of Corporate Affairs has approved the incorporation of its wholly owned subsidiary, “Delhivery Fintech Distribution Private Limited,” on June 2, 2026.
Delhivery reported a consolidated net profit of ₹72.39 crore in Q4 FY26, compared with ₹72.55 crore in the corresponding quarter of the previous year, reflecting a marginal year-on-year decline of 0.22%.
Revenue from operations increased 30.04% year-on-year to ₹2,849.99 crore during the quarter.
EBITDA rose 94.11% year-on-year to ₹231 crore from ₹119 crore in Q4 FY25. EBITDA margin improved to 8.1% in Q4 FY26 from 5.4% in the corresponding quarter last year.
Operationally, express parcel volumes reached 306 million shipments during the quarter, registering a 72% year-on-year increase. Part Truck Load (PTL) volumes stood at 549K MT, up 20% from the year-ago period. Revenue from services increased 30% year-on-year to ₹2,848 crore.
As of June 3, 2026, at 12:20 PM, Delhivery share price was trading at around ₹435.70, down 0.53% from the previous day's closing price.
The stock has declined by around 7% over the past month. However, in the past 1 year, Delhivery shares have delivered a return of approximately 18%.
Delhivery has completed the incorporation of its wholly owned subsidiary, Delhivery Fintech Distribution Private Limited, following approval from the Ministry of Corporate Affairs. Operationally, the company reported strong numbers in Q4 FY26.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 3, 2026, 1:42 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
