Shadowfax Technologies announced its Q2 FY27 results, highlighting a significant 57% year-on-year revenue growth to ₹1,538 crore. The company achieved its best-ever quarter with an Adjusted EBITDA margin expansion to 5.0% and a Net Profit of ₹68 crore. This marks the sixth consecutive quarter of over 55% revenue growth, demonstrating sustained market momentum.
Shadowfax Reports Record Q2 FY27 Performance
Shadowfax Technologies has reported its strongest quarterly performance to date, with revenue crossing ₹1,500 crore in the second quarter of fiscal year 2027 (Q2 FY27). The company’s revenue grew by a substantial 56.6% year-on-year, reaching ₹1,538 crore. This achievement represents the sixth consecutive quarter of revenue growth exceeding 55%.
Margin Expansion and Profitability
Alongside revenue growth, Shadowfax also achieved significant margin expansion. The Adjusted EBITDA margin increased to 5.0%, up from 2.8% in the prior year, reflecting improved operational efficiencies and cost management. The company’s Net Profit stood at ₹68 crore, marking an impressive 422% year-on-year growth. Despite the sale season being pushed to Q3, these results underscore Shadowfax’s strong financial health and market position.
Key Performance Indicators for Q2 FY27
Key highlights from the quarter include:
- Highest Ever Quarterly Revenue: ₹1,538 crore, a 56.6% YoY growth and 13.2% QoQ growth.
- Order Volume: 27.1 crore orders delivered, up 69.7% YoY.
- Express Parcel and Hyperlocal Growth: Revenue grew 55.2% YoY and 9.9% QoQ for Express Parcel, and 87.7% YoY and 25.7% QoQ for Hyperlocal.
- Adjusted EBITDA: ₹77 crore, a 177% YoY growth, with a margin of 5.0%.
- Net Profit: ₹68 crore, a 422% YoY growth, with a margin of 4.4%.
Strategic Growth Drivers
The company attributes its success to its focus on speed and technology. Shadowfax is expanding its network of micro-fulfilment centers for D2C brands and verticals, enabling faster delivery times. Furthermore, its in-house developed AI engine for network optimization is enhancing operational efficiency and reducing costs. The expansion of its franchise-led channel partner network to over 500 partners and the scaling of its self-serve platform, Shadowfax 360, to over 6,700 sellers also contribute to its growth trajectory.
Source: BSE
