August 6, 2026
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Shadowfax profit jumps over 8x to record Rs 65 crore as revenue rises to Rs 1,358 crore in Q1 FY27

  • July 31, 2026
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India’s logistics firm Shadowfax Applied sciences has reported a greater than 700% enhance in quarterly revenue, supported by greater supply volumes throughout its specific and hyperlocal companies. PAT

Shadowfax profit jumps over 8x to record Rs 65 crore as revenue rises to Rs 1,358 crore in Q1 FY27



India’s logistics firm Shadowfax Applied sciences has reported a greater than 700% enhance in quarterly revenue, supported by greater supply volumes throughout its specific and hyperlocal companies.

PAT rose to Rs 65 crore within the three months to 30 June 2026, from Rs 8 crore throughout the identical interval a yr earlier, in line with the corporate’s unaudited consolidated outcomes. Shadowfax stated it was the very best quarterly revenue in its historical past.

Its Income from operations elevated by 64.9% to Rs 1,358 crore, in contrast with Rs 824 crore a yr earlier. It was additionally 9.8% greater than within the previous quarter.

Adjusted earnings earlier than curiosity, tax, depreciation and amortisation rose to Rs 67 crore from Rs 24 crore, whereas the corresponding margin widened to 4.9% from 2.9%.

The Bengaluru-based firm dealt with 24.7 crore specific and hyperlocal orders in the course of the quarter, a rise of 83.3% from a yr earlier and 9.2% from the earlier three months. 

Categorical supply remained its largest enterprise. Income from the division rose by 87.3% to Rs 997 crore, whereas the variety of specific orders elevated by 94.9% to 19.8 crore.

Hyperlocal income, which incorporates quick-commerce, meals and different on-demand deliveries, grew by 53% to Rs 272 crore. Hyperlocal order volumes elevated by 47.4% to 4.9 crore.

Income from Different Logistics fell by 21.5% from a yr earlier to Rs 89 crore. Nevertheless, it was 10.9% greater than the Rs 80 crore recorded within the earlier quarter.

Shadowfax offers logistics providers to ecommerce firms, D2C manufacturers, on-line retailers, meals marketplaces, quick-commerce platforms and on-demand mobility companies.

Its last-mile community included a median of greater than 2.9 lakh distinctive supply companions who accomplished transactions in the course of the quarter. The corporate reported 5,095 working touchpoints and protection of 16,372 pin codes.

Shadowfax added 716 pin codes in the course of the quarter and stated it was increasing its community by about 200 to 250 pin codes a month. It’s concentrating on nationwide pin-code protection by the 2027-28 monetary yr.

The corporate estimates that it held between 28% and 30% of India’s third-party logistics specific market within the June quarter. Shadowfax stated its market-share figures for the 2025-26 monetary yr and the newest quarter had been primarily based by itself estimates.

Additionally it is increasing its quick-commerce and dark-store operations. Its dark-store community grew to 47 places from 15 within the earlier quarter, with operations in Delhi, Bengaluru, Mumbai, Chennai, Hyderabad and Pune. The corporate stated it was on observe to function greater than 100 darkish shops.

In accordance with Shadowfax, Amazon Now was “ramping up forward of plan”, including that it was gaining a bigger share of the platform’s logistics enterprise. 

Abhishek Bansal, Shadowfax co-founder and CEO, stated: “Q1 has been our greatest quarter but, probably the most worthwhile in our historical past, with sequential development sharper than in This fall and development momentum nonetheless constructing.”