New-age logistics firm Shadowfax reported an eight-fold jump in its net profit for the April-June quarter to Rs 65 crore, from Rs 8 crore a year earlier for the same period. Its operating revenue jumped 65% year-on-year (YoY) to Rs 1,358 crore, from Rs 823.5 crore the year prior, driven by an increase in order volume.
According to the company’s investor presentation, it delivered 24.7 crore orders in Q1 FY27, up 83% on-year, and it grew 9% sequentially.