Results · Mobility & Logistics

BlackBuck posts Q4 profit of ₹65.7 crore

What they do

BlackBuck is India's largest digital trucking platform, based in Bengaluru

It reported a Q4 FY26 net profit of ₹65.7 crore, up 107% from the previous quarter

Full-year FY26 net profit was ₹163.7 crore, swinging from a loss of ₹9 crore in FY25

BlackBuck reported a net profit of ₹65.7 crore for the fourth quarter of FY26.
The profit was up 107% from the previous quarter's ₹31.7 crore.
Operating revenue for Q4 was ₹185.4 crore, up 52% year-on-year.
Total expenses rose 66% year-on-year to ₹159.2 crore.
EBITDA (earnings before interest, taxes, depreciation, and amortisation) was ₹45.1 crore, up 13% year-on-year.
Adjusted EBITDA was ₹50.2 crore, up 30% year-on-year.
For the full year FY26, net profit was ₹163.7 crore, compared to a loss of ₹9 crore in FY25.
Full-year operating revenue was ₹641 crore, up 52% year-on-year.

The results show BlackBuck has turned profitable for the full year after a loss in FY25.
Growth businesses like SuperLoads, vehicle finance, and classifieds contributed ₹41 crore in Q4 revenue, up 304% year-on-year.
The company faces headwinds from the West Asia conflict and fuel shortages, which could slow freight movement.
CEO Rajesh Yabaji sold 20 lakh shares worth about ₹135 crore via a bulk deal, reducing his stake from 11.81% to 10.7%.

BlackBuck is India's largest digital trucking platform, headquartered in Bengaluru.
It connects truck operators with shippers and provides tolling, fuel, and financial services.
Tolling gross transaction value (GTV) was ₹7,094 crore in Q4, up 21% year-on-year.
Tolling contributes nearly 90% of total payments GTV.
The platform had 8.66 lakh average monthly transacting truck operators in Q4, up 13% year-on-year.
Vehicle finance disbursals grew 25% quarter-on-quarter in Q4.
Lending partners manage about ₹600 crore in assets on the platform; BlackBuck's own book is about ₹60 crore.
SuperLoads, a tech-enabled freight service, is strengthening in Bengaluru and Hyderabad.

BlackBuck plans to expand market share in core businesses and step up investments in growth verticals: SuperLoads, vehicle finance, and classifieds.
It is evaluating opportunities to enter the acquirer side of the tolling ecosystem using telematics and technology.
The company expects short-term headwinds from the West Asia conflict and fuel shortages but says most revenue streams are annuity-like and compounding.