Shiprocket reports its first small profit as revenue rises 34.8%
Shiprocket reported a net profit of Rs 0.6 crore for the second quarter of FY27 (July to September 2026), according to StartupTalky's roundup of 5 November. In the same quarter last year it had a loss of Rs 20.30 crore.
Revenue from operations rose 34.8% to Rs 674 crore. The core shipping business brought in Rs 461.5 crore. Newer businesses, such as cross-border shipping and fulfilment, grew 60.6% to Rs 212 crore.
What it means: a profit of Rs 0.6 crore is very small, so it is better described as reaching break-even. But the change from a loss of Rs 20.30 crore shows a clear improvement. Investors in listed and soon-to-list startups now pay close attention to profit as well as growth.
Shiprocket helps online sellers ship their orders. When more small businesses sell online, more shipping platforms benefit.
Figures are as reported by StartupTalky from the company's filings. Check the company's own results for full detail.
This article is for information and is not investment advice.