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Results · Mobility & Logistics

Blackbuck posts 57% revenue growth in Q1

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BlackBuck logo
Date
Company
BlackBuck
What it does
Digital trucking platform
Kind
Results
Stage
public
Based in
Bengaluru
Sector
Mobility & Logistics

What they do

Blackbuck runs an online trucking platform connecting shippers with truck operators

What happened

It reported Q1 FY26 revenue of Rs 144 crore, up 57% year-on-year, and net profit of Rs 34 crore

Why it matters

The company's market cap crossed Rs 8,670 crore ($1 billion) after its IPO debut at Rs 208.90

The details

  • Blackbuck released its Q1 FY26 financial report.
  • Revenue from operations was Rs 144 crore, a 57% increase from Rs 92 crore in Q1 FY25.
  • Revenue grew 18% sequentially from Rs 122 crore in Q4 FY25.
  • Truck operator services contributed 98% of total operating revenue.
  • Total revenue including interest income of Rs 16 crore was Rs 160 crore.
  • Net profit rose 17% to Rs 34 crore from Rs 29 crore in Q1 FY25.
  • Total expenditure was Rs 114 crore, up from Rs 92 crore a year ago.
  • Employee benefit cost was Rs 37 crore, 32% of total expenditure, down from Rs 39 crore.

The bigger picture

  • Blackbuck's market capitalisation reached Rs 8,670 crore ($1 billion).
  • Its current trading price of Rs 481.85 is more than double the IPO debut price of Rs 208.90.
  • The company has maintained profitability while growing revenue rapidly.

About the business

  • Blackbuck is an online trucking platform that connects shippers with truck operators.
  • It describes itself as India's largest digital trucking platform.
  • Its headquarters are in Bengaluru.

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