Results · Mobility & Logistics

Shadowfax posts eightfold profit jump on strong revenue growth

By Startup Enthusiast · 1 August 2026

What they do

Shadowfax is a logistics company that handles express, hyperlocal, and D2C deliveries for enterprise clients

The company reported an eightfold rise in Q1 FY27 net profit to ₹65.4 Cr with revenue up 65%

Management raised its full-year revenue growth guidance to 38%-40% while expanding its logistics network

Shadowfax reported an eightfold jump in consolidated net profit for Q1 FY27.
Net profit reached ₹65.4 Cr compared to the previous year's figures.
Operating revenue grew by 65% year-on-year to reach ₹1,358.1 Cr.
The company revised its FY27 revenue growth guidance upward to 38%-40%.
Previous guidance had been set at 28%-30% for the fiscal year.
Shadowfax reiterated its commitment to its profitability roadmap during the period.
The stock price gained 13.51% closing at ₹243.30 on the exchange.
Intraday high for the stock reached ₹253.35 during trading hours.

Growth was driven by increased demand from quick commerce players like Amazon Now.
Expansion of the D2C customer base contributed significantly to revenue generation.
Enterprise client acquisition helped stabilize and grow the core logistics business.

Shadowfax provides express, hyperlocal, and D2C logistics services across India.
The company serves enterprise clients and supports quick commerce operations.
Prime Large business ARR grew 170% to approximately ₹75 Cr.
The network now covers 16,372 pincodes across the country.
Target expanded to 12,000 pincodes from the 10,000 achieved in Q1.
47 of 100 planned dark stores became operational by end of Q1.
The company focuses on improving borrower quality and operational efficiency.
Technology enhancements support better route optimization and delivery speeds.