Shiprocket cuts Q1 FY27 net loss 24% as revenue rises 34%, Inc42 reports
Inc42 says Shiprocket’s emerging business grew 70% year over year to ₹180.4 crore, accounting for 30% of total revenue and outpacing its core business.
Inc42 says Shiprocket’s emerging business grew 70% year over year to ₹180.4 crore, accounting for 30% of total revenue and outpacing its core business.
Inc42 reports that logistics company Shiprocket narrowed its Q1 FY27 net loss by 24% year over year to ₹13.7 crore, while operating revenue rose 34% to ₹592.1 crore. Its core business grew 22% year over year to ₹411.7 crore, while its emerging business grew 70% to ₹180.4 crore. Inc42 also reports AI launches for merchants, including an AI ads stack, AI Assist and AI Calling.
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Inc42 says Shiprocket’s emerging business grew 70% year over year to ₹180.4 crore, accounting for 30% of total revenue and outpacing its core business.
Inc42 reports that logistics company Shiprocket narrowed its Q1 FY27 net loss by 24% year over year to ₹13.7 crore, while operating revenue rose 34% to ₹592.1 crore. Its core business grew 22% year over year to ₹411.7 crore, while its emerging business grew 70% to ₹180.4 crore. Inc42 also reports AI launches for merchants, including an AI ads stack, AI Assist and AI Calling.
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