Delhivery shares surge near 10% as revenue rises 50%
In short
Delhivery shares surged nearly 10% after Q2 results, and analysts said the stock could rise as much as 42% more. The report says revenue rose 50% year on year to ₹20,093 crore. It also says the EMS division made up 92% of revenue, up from 90% a year ago, while PBIT margin fell to 2.5% from 3.5%.
This matters because investors are weighing fast growth against lower margins. The report does not say whether the margin drop will continue.
What the reporting says
Delhivery shares surged nearly 10% after Q2 results, and the reporting says analysts saw up to 42% more upside. The source snippet states that the mobile and other electronics manufacturing services division accounted for 92% of revenue, up from 90% a year ago, while revenue rose 50% year on year to ₹20,093 crore and PBIT margin fell to 2.5% from 3.5%. The immediate implication is strong growth with some margin pressure, but the full results are not provided.
Why it matters
Delhivery shares rose nearly 10% after Q2 results, with analysts reportedly seeing up to 42% more upside. The source snippet points to revenue growth of 50% year on year to ₹20,093 crore, but also lower PBIT margin at 2.5% from 3.5%. The EMS division remained the largest contributor at 92% of revenue. The reporting does not say if this mix shift will persist.