Shiprocket Trims Q1 Loss by 24% as Operating Revenue Jumps 34%

7 Sept 2026, 6:30 pm · 5d ago · 1 min read · Inc42

Logistics tech platform Shiprocket narrowed its net loss for the June quarter (Q1 FY27) by 24% year-on-year to ₹13.7 crore, down from ₹18 crore in the corresponding period last year. On a sequential basis, net loss declined 16% from ₹16.3 crore in the preceding quarter. The company’s operating revenue surged 34% year-on-year and 7% quarter-on-quarter to ₹592.1 crore. Total income, including other income of ₹13.7 crore, stood at ₹605.8 crore, while total expenses grew 31% to ₹619.5 crore. Adjusted EBITDA rose significantly to ₹8.9 crore from ₹1 crore.