StopDownOpen the app

Results · Mobility & Logistics

BlackBuck Q1 profit up 24% to ₹42 Cr

By ·

BlackBuck logo
Date
Company
BlackBuck
What it does
Online trucking platform
Kind
Results
Amount
₹42.17 Cr
Based in
Bengaluru
Sector
Mobility & Logistics

What they do

BlackBuck's consolidated net profit rose 24% year-on-year to ₹42 crore in Q1 FY27

What happened

Operating revenue grew 42% year-over-year to ₹204 crore, with total revenue at ₹220 crore

Why it matters

Profit declined 36% sequentially from ₹66 crore in Q4 FY26

The details

  • BlackBuc released its Q1 FY27 financial results on the specified date.
  • Total revenue reached Rs 220 crore, up from Rs 160 crore in the same period last year.
  • Operating revenue grew to Rs 204 crore, reflecting a 42% year-over-year increase.
  • Truck operator services contributed Rs 201 crore, making up 98.5% of operating revenue.
  • The company reported a profit of Rs 42 crore, which is a 24% increase year-over-year.
  • However, profit saw a 36% sequential decline compared to Rs 66 crore in Q4 FY26.
  • Total expenditure rose significantly to Rs 178 crore from Rs 114 crore in the previous year.
  • Employee benefit expenses accounted for Rs 43 crore, representing over 24% of total expenditure.

The bigger picture

  • Sequential profit decline highlights potential cost pressures or seasonal variations.
  • Market capitalization stands at Rs 9,679 crore ($1.02 billion).

About the business

  • BlackBuck operates as an online trucking platform connecting shippers and carriers.
  • The primary business model relies on truck operator services fees.
  • This segment generated Rs 201 crore in the reported quarter.
  • It accounts for nearly all (98.5%) of the company's operating revenue.
  • The company also has a small lending business generating Rs 3.2 crore.
  • Interest income from this lending arm was recorded at Rs 16 crore.
  • Headquarters are located in Bengaluru, India.
  • The firm focuses on digitizing the logistics and transportation sector.

Other articles talking about it

Read it as a card in the app

More on BlackBuck

Everything on BlackBuck →

Same day

All startup news on 29 July 2026 →