Shiprocket announced its financial results for the second quarter ended September 30, 2026. The company reported a consolidated revenue from operations of ₹6,736 Mn, marking a substantial year-on-year growth of 35%. Profit after tax (PAT) turned positive, reaching ₹6 Mn, a significant improvement from the previous year’s loss.
Shiprocket Reports Strong Q2 FY27 Financial Performance
Shiprocket Limited has disclosed its financial results for the second quarter of FY27, ending September 30, 2026. The company has demonstrated robust growth, with revenue from operations reaching ₹6,736 Mn, an increase of 35% compared to the same quarter in the previous fiscal year (Q2 FY26). This performance underscores the company’s expanding market presence and the growing demand for its services.
Key Financial Highlights
Overall Business Growth
The overall business segment reported a revenue of ₹6,736 Mn, up 35% YoY. Adjusted EBITDA for the overall business stood at ₹142 Mn, with a margin of 2.1%. Net Cash from Operations for H1 FY27 was ₹551 Mn, a significant jump from ₹238 Mn in H1 FY26.
Segment Performance
The Core Business segment generated revenue of ₹4,615 Mn, showing a 25% YoY growth. This segment achieved an Adjusted EBITDA of ₹591 Mn with a healthy margin of 12.8%. In contrast, the Emerging Business segment posted revenue of ₹2,122 Mn, an impressive 61% YoY increase. While the Emerging Business segment recorded an Adjusted EBITDA of (₹449) Mn with a margin of (21.2%), it is contributing to the company’s overall growth strategy.
Profitability Improvement
A notable development is the turnaround in profitability, with Shiprocket reporting a positive Profit after tax (PAT) of ₹6 Mn for Q2 FY27. This contrasts with a loss in the previous periods. The Adjusted EBITDA also saw a significant increase, reaching ₹142 Mn, up from ₹43 Mn in Q2 FY26.
Operational Metrics
The company also highlighted strong operational metrics for Q2 FY27. Gross Merchandise Value (GMV) saw a 33% growth, and the number of transactions processed grew by 34%. The active merchant base increased to 236,116. Revenue per Average Revenue Per User (ARPU) grew by 25%.
Source: BSE
