Shadowfax Q2 Profit Zooms Over 5X YoY To Rs.68 Cr, Revenue Crosses Rs.1,500 Cr
India, Oct. 29 -- Logistics company Shadowfax reported an over 5X year-on-year (YoY) jump in its net profit for the September quarter (Q2 FY27) to Rs.68 Cr from Rs.13 Cr in the year-ago quarter. Sequentially, the company's profit rose over Rs.2.5 Cr from Rs.65.4 Cr profit reported in the previous quarter.
Operating revenue for the quarter surged 57% YoY and 13% QoQ to Rs.1,537.7 Cr. Including other income of Rs.20.4 Cr, total income for the quarter stood at Rs.1,558.1 Cr.
Meanwhile, total expenses for the quarter rose 53% YoY to Rs.1,490.2 Cr. The company didn't bear any tax expense during the quarter under review.
(The story will be updated shortly)
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