Shadowfax's Q4 Show, India's D2C 3.0 Moment & More
India, May 15 -- Shadowfax Delivers Profits In Q4
Shadowfax finally turned profitable in Q4. The logistics major swung to the black on the back of growing scale, AI-led automation, focus on vertical marketplaces, improving margins and grabbing a bigger pie of the third-party logistics (3PL) market.
Here is quick snapshot of Shadowfax's Q4 FY26 numbers:
Net profit stood at Rs.55.8 Cr against a loss of Rs.9.9 Cr in Q4 FY25
Operating revenue zoomed 73.6% YoY to Rs.1,237 Cr
Total expenses also soared 64.2% YoY to Rs.1,197.7 Cr
Adjusted EBITDA improved to Rs.58 Cr versus Rs.5 Cr in the year ago quarter
Scale Turns Profitable: The company's express logistics vertical did most of the heavy lifting, fuelled by a 129% YoY jump in customer o...
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