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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.

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1 Source, 24d ago, first seen 24d ago

TLDR

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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1 Source, first seen 24d ago

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Combined views

1.4K

1 Source, first seen 24d ago

9 likes3 comments1 reposts

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@Inc42📦. @ShiprocketIndia is narrowing losses as its revenue engine picks up pace. 👇 Recently listed logistics company Shiprocket cut its Q1 FY27 net loss by 24% YoY to ₹13.7 Cr, while operating revenue surged 34% to ₹592.1 Cr. Its adjusted EBITDA jumped nearly 9X to ₹8.9 Cr, compared with ₹1 Cr a year ago, signalling improving profitability. Shiprocket’s core business grew 22% YoY to ₹411.7 Cr, while its emerging business grew a much faster 70% to ₹180.4 Cr, now contributing 30% of total revenue. The company is also doubling down on AI, with launches including an AI ads stack, AI Assist and AI Calling for merchants. 🔗 To read the full story, click here: https://bit.ly/4r1RjGA #Shiprocket #Logistics #Ecommerce #AI #News24d
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    @Inc42📦. @ShiprocketIndia is narrowing losses as its revenue engine picks up pace. 👇 Recently listed logistics company Shiprocket cut its Q1 FY27 net loss by 24% YoY to ₹13.7 Cr, while operating revenue surged 34% to ₹592.1 Cr. Its adjusted EBITDA jumped nearly 9X to ₹8.9 Cr, compared with ₹1 Cr a year ago, signalling improving profitability. Shiprocket’s core business grew 22% YoY to ₹411.7 Cr, while its emerging business grew a much faster 70% to ₹180.4 Cr, now contributing 30% of total revenue. The company is also doubling down on AI, with launches including an AI ads stack, AI Assist and AI Calling for merchants. 🔗 To read the full story, click here: https://bit.ly/4r1RjGA #Shiprocket #Logistics #Ecommerce #AI #News24d
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