India Post Records First Quarter Turnover Above Rs 4,000 Crore

India Post achieved a record turnover of Rs 4,008 crore in the first quarter of FY27, the first time the organization has exceeded the Rs 4,000-crore threshold for a first quarter. Union Communications Minister Jyotiraditya Scindia announced the results, noting a 22.2% year-on-year increase from the Rs 3,280 crore recorded during the same period of FY26.

Growth was driven by significant gains across multiple sectors. Citizen Centric Services grew by 86%, while parcel services and mail services increased by 50% and 42%, respectively. Additional growth was seen in INGB services, which rose 34.3%, and Postal Life Insurance and Rural Postal Life Insurance, which grew 20.1%.

Scindia characterized this double-digit growth as unprecedented for the organization, which typically experiences annual growth rates between 1% and 2.5%. The organization also reported an improvement in the Expenditure Coverage Ratio by 400 to 600 basis points, depending on the pension liability calculations used.