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Results · Mobility & Logistics

Shadowfax posts Q1 profit of ₹65.4 crore

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Shadowfax logo
Date
Company
Shadowfax
What it does
Logistics and parcel delivery company
Kind
Results
Sector
Mobility & Logistics

What they do

Shadowfax provides express parcel delivery, returns, and fulfilment services across India

What happened

For Q1 FY27, its consolidated net profit rose to ₹65.40 crore from ₹8.02 crore a year ago

Why it matters

Consolidated revenue from operations jumped 65.8% year-on-year to reach ₹1,379.18 crore during the same quarter

The details

  • Shadowfax announced its Q1 FY27 financial results for the quarter ended 30 June 2026.
  • Consolidated total income from operations reached ₹1,379.18 crore, up 65.8% from ₹831.72 crore in Q1 FY26.
  • Consolidated net profit after tax rose to ₹65.40 crore, compared to ₹8.02 crore in the same period last year.
  • Standalone total income from operations stood at ₹1,344.88 crore, yielding a standalone net profit of ₹66.20 crore.
  • Consolidated basic earnings per share reached ₹1.11, rising from ₹0.16 recorded in the previous year's opening quarter.
  • The Board of Directors approved the quarterly numbers on 31 July 2026 following a review by the Audit Committee.
  • Statutory auditors issued an unmodified review report on the company's financial results.

The bigger picture

  • Consolidated net profit after tax grew more than eightfold from ₹8.02 crore reported in Q1 FY26.
  • Consolidated total income from operations increased by 65.8% over the ₹831.72 crore posted in Q1 FY26.
  • Paid-up equity share capital stood at ₹585.08 crore in Q1 FY27, up from ₹151.79 crore in Q1 FY26.

About the business

  • Shadowfax provides express parcel delivery, returns, same-day, next-day, and 30-minute delivery services.
  • It offers fulfilment solutions alongside dedicated services for ecommerce, quick commerce, and personal courier needs.
  • The network encompasses 3,500+ trucks and has completed more than 200 crore parcel deliveries.
  • Operations span over 16,372 PIN codes supported by more than 53 lakh square feet of facility space.
  • The platform engages more than 2.9 lakh quarterly delivery partners across its Indian logistics network.
  • Core proprietary platforms include Shadowfax Maps, Shadowfax Shield fraud detection, and the Shadowfax Gigs crowdsourced fleet.

Founders

  • Abhishek Bansal, Founder
  • Vaibhav Khandelwal, Founder
  • Praharsh Chandra, Founder
  • Gaurav Jaithliya, Founder

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