BlackBuck Reports 42% Profit Growth in Second Quarter
Indian logistics platform BlackBuck posted a 56% rise in operating revenue to ₹235.3 crore for the second quarter of FY27, as profits grew to ₹41.4 crore.
BlackBuck, the India-based trucking and logistics platform, reported a consolidated net profit of ₹41.4 crore for the second quarter of fiscal year 2027, up 41.8% from the same period a year ago. The company’s operating revenue saw a significant 55.7% increase, reaching ₹235.3 crore compared to ₹151.1 crore in the previous year.
The performance was driven by a surge in growth-focused segments, including managed freight services and vehicle financing, which saw a combined revenue increase of 166%. The company's core operations, comprising toll payments and telematics, contributed an additional 31% in revenue growth. Furthermore, the number of average monthly transacting truck operators on the platform rose 13% to reach approximately 895,125.
While profitability improved, total expenses increased by 64% year-on-year, outpacing revenue growth. BlackBuck’s shares ended the trading session down 1.59% on the BSE. The company continues to prioritize expansion in its growth businesses, with vehicle financing currently moving toward an EBITDA break-even target.