Results · Mobility & Logistics
BlackBuck Q1 profit up 24% to ₹42 Cr
By Startup Enthusiast ·
- 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
More on BlackBuck
- Accel sells 1.48% stake in BlackBuck for ₹155.5 crore12 September 2026 · Stake sale · ₹155.5 crore
- BlackBuck posts Q4 profit of ₹65.7 crore19 May 2026 · Results
- BlackBuck posts first quarterly profit with revenue growth5 February 2026 · Results
- Founders sell ₹243.5 crore stake in Blackbuck18 November 2025 · Stake sale · ₹243.5 Cr
- Blackbuck posts Rs 29 crore profit in Q2 FY265 November 2025 · Results
- BlackBuck moving office out of Bengaluru's ORR16 September 2025 · Shutdown
- Goldman Sachs sells 2.74% stake in BlackBuck2 September 2025 · Stake sale · ₹295 crore
- Sands Capital and Wellington Management sell BlackBuck stake8 August 2025 · Stake sale · Rs 191 crore
Same day
- Pine Labs signs six lenders for SignalIQ29 July 2026 · Launch
- SEDEMAC Q1 profit nearly doubles to ₹33 crore29 July 2026 · Results · ₹309.77 crore
- Revspot raises $4.8 million to expand AI-native platform for qualified pipeline generation29 July 2026 · Funding · $4.8M (₹45.9 Cr)
- Anicut Capital launches second seed fund29 July 2026 · New fund · Rs 175 crore
- CarTrade reports Q1 FY27 financial results29 July 2026 · Results
- OfBusiness exports double, revenue dips 7% in FY2629 July 2026 · Results