Shiprocket Turns Profitable In Q2, Revenue Jumps 35% YoY To ₹674 Cr
Ecommerce enablement platform Shiprocket turned profitable in the September quarter, reporting a consolidated net profit of ₹0.6 Cr against a net loss of ₹20.3 Cr in Q2 FY26.
Operating revenue rose 34.7% to ₹673.6 Cr during the quarter under review from ₹500.2 Cr a year ago.
Shiprocket, which listed on the NSE and BSE in August, had posted a net loss of ₹13.7 Cr in Q1 FY27. Sequentially, operating revenue increased 13.8% from ₹592.1 Cr.
Shiprocket’s revenue grew faster than its expenditure during the quarter. Total expenses increased 29.6% to ₹692.9 Cr from ₹534.8 Cr.
Other income increased to ₹19.9 Cr from ₹14.3 Cr, taking total income to ₹693.5 Cr, marginally above total expenses. The company reported no tax expense for the quarter.
(The story will be updated soon)
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