BlackBuck's Q1 Profits Remain Stagnant Year-on-Year at INR 34 Crores
In the first quarter of the financial year 2026 (FY26), digital freight platform BlackBuck reported a significant increase in operating revenue. The company, headquartered in Bengaluru, saw its revenue from operations reach INR 143.6 crore, marking a 56% year-on-year (YoY) growth from INR 92.2 crore reported in Q1 FY25 [1][2][5].
BlackBuck's net profit also saw a boost, rising 17-17.5% to approximately INR 34 crore from INR 29 crore in the same prior period. This growth was aided by enhanced operating leverage and cost control, despite some rise in expenses [1][3].
Truck operator services remain BlackBuck’s primary revenue source, accounting for about 98% of total operating revenue. In Q1 FY26, truck operator services racked in a total of INR 141 crore, up 35% YoY from INR 91.4 crore in the year-ago quarter [1][3].
In addition to its core logistics business, BlackBuck also earned Rs 16 crore from its lending business's interest income, contributing to an overall revenue of Rs 160 crore in Q1 FY26, up from Rs 98 crore in Q1 FY25 [1][3].
Daily app usage per transacting customer increased 5.5% to nearly 43.8 minutes, and Gross Transaction Value (GTV) for payments processed via the platform climbed to INR 6,847.5 crore in FY25, reflecting a 28% YoY increase [1].
On the stock market front, shares of BlackBuck parent Zinka Logistics Solutions ended today's trading session up 3.03% to INR 484.45 [4].
This strong performance in Q1 FY26 reflects BlackBuck’s expanding scale and diversification, with significant growth in its truck operator services and emerging lending activities.
[1] - Source: BlackBuck's Q1 FY26 earnings release [2] - Source: Business Standard [3] - Source: Economic Times [4] - Source: Moneycontrol
- The boost in BlackBuck's net profit during Q1 FY26 can be attributed to a combination of factors, including enhanced operating leverage, cost control, and potentially, growth in their diverse business areas such as finance and technology.
- The digital freight platform BlackBuck, in addition to its core logistics business, generates income from its lending activities and technology-based services, contributing to its overall expansion and diversification.
