Shiprocket Turns Profitable In Q2, Revenue Jumps 35% YoY To Rs.674 Cr
India, Nov. 5 -- Ecommerce enablement platform Shiprocket turned profitable in the September quarter, reporting a consolidated net profit of Rs.0.6 Cr against a net loss of Rs.20.3 Cr in Q2 FY26.
Operating revenue rose 34.7% to Rs.673.6 Cr during the quarter under review from Rs.500.2 Cr a year ago.
Shiprocket, which listed on the NSE and BSE in August, had posted a net loss of Rs.13.7 Cr in Q1 FY27. Sequentially, operating revenue increased 13.8% from Rs.592.1 Cr.
Shiprocket's revenue grew faster than its expenditure during the quarter. Total expenses increased 29.6% to Rs.692.9 Cr from Rs.534.8 Cr.
Other income increased to Rs.19.9 Cr from Rs.14.3 Cr, taking total income to Rs.693.5 Cr, marginally above total expenses. The company r...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.