Outlook Business Desk
Delhivery announced that its Chief Financial Officer (CFO), Amit Agarwal, has resigned from his role. The logistics major stated that Vivek Pabari will succeed him as CFO starting from January 1, 2026.
Amit Agarwal, who served as a key managerial personnel and held several leadership roles at Delhivery, has decided to move on. His departure adds to the series of senior-level changes at the Gurugram-headquartered logistics firm.
Delhivery CEO Sahil Barua thanked Amit Agarwal for his exceptional contribution, calling him a foundational member who played a key role in the company’s journey and growth over the years.
Vivek Pabari, who has been with Delhivery since June 2021, will assume the position of CFO from January 2026. He has over 17 years of experience across investment banking and corporate finance.
Before his stint at Delhivery, Vivek Pabari worked with Deutsche Bank, where he guided corporate clients on mergers and capital fundraising. An alumnus of IIM Bangalore, he holds a B.Tech degree in Information and Communication Technology.
Barua expressed confidence in Pabari’s leadership, describing him as a thoughtful, mature professional respected across teams, the board, and investors. He said Pabari deeply understands Delhivery’s operations and will steer it successfully ahead.
Meanwhile, Delhivery slipped into a loss of ₹50.5 crore in the second quarter of FY26, reversing its ₹10.2 crore profit from a year earlier. The logistics firm had posted a profit of ₹91 crore in the previous quarter.
Delhivery said the quarterly loss was driven by integration expenses from its Ecom Express acquisition. These costs stood at ₹90 crore in the second quarter and remain within the ₹300 crore expenditure guidance outlined earlier by the company.