India’s logistics agency Shadowfax has reported a pointy rise in annual income and revenue, pushed by progress in ecommerce and hyperlocal deliveries. 

The corporate mentioned income for the monetary yr ending March 2026 rose 69% year-on-year to Rs 4,202 crore, whereas PAT climbed to Rs 112 crore from Rs 6 crore a yr earlier. 

Shadowfax, which operates within the last-mile and hyperlocal logistics sector, mentioned it fulfilled greater than 72 crore buyer orders in the course of the yr, representing cargo progress of greater than 66%. 

The Bengaluru-based firm competes with rivals together with Delhivery, XpressBees, Ecom Specific and Ekart in a extremely aggressive market fuelled by ecommerce, D2C manufacturers and quick commerce platforms. 

For the quarter ending March 2026, the corporate posted its highest-ever quarterly income of Rs 1,237 crore, up almost 74% from a yr earlier. Quarterly revenue stood at Rs 56 crore, in contrast with a lack of Rs 10 crore in the identical interval final yr. 

The corporate mentioned sturdy quantity progress throughout its categorical parcel and hyperlocal companies helped enhance profitability. It delivered 22.6 crore orders in the course of the quarter, with cargo volumes greater than doubling year-on-year. 

Shadowfax additionally reported adjusted EBITDA of Rs 159 crore for FY26, greater than doubling from the earlier yr, whereas working money move reached Rs 350 crore. 

As a part of its growth technique, the corporate launched “Shadowfax 360”, a self-service digital transport platform aimed toward small companies and D2C manufacturers. The platform affords supply entry to greater than 15,000 pin codes and makes use of AI to foretell return-to-origin shipments. 

The agency additionally expanded its logistics infrastructure in the course of the yr, together with the launch of its largest automated sortation centre, OneNCR, with a processing capability of 48,000 shipments per hour. 

Shadowfax mentioned it invested Rs 185 crore throughout FY26 in community growth, sort-centre automation and capability enhancement.

Commenting on the corporate’s efficiency, Abhishek Bansal, cofounder and CEO of Shadowfax, mentioned, “FY26 has been a defining yr for the corporate as we strengthened the enterprise throughout scale, profitability, and infrastructure. Whereas the yr marked our profitable transition right into a publicly listed firm, it was equally necessary by way of constructing long-term operational capability for future progress.”

“Through the yr, we invested Rs 185 crores in capex, primarily into kind facilities, automation and last-mile infrastructure. This autumn was additionally the strongest quarter within the firm’s historical past throughout income, EBITDA, and PAT, giving us sturdy momentum as we enter the subsequent section of progress,” he added.