BlackBuck's Q3 profit increased to Rs 31.7 crore due to robust development in its main business
BlackBuck Posts 51% Revenue Jump in Q3, Swings to ₹31.7 Crore Profit
Trucking aggregator BlackBuck reported strong December-quarter results on Thursday, with operating revenue rising 51% year-on-year and the company returning to profitability, driven by growth in its core logistics and new business verticals.
Operating revenue climbed to ₹171.8 crore in Q3 FY26, up from ₹114 crore a year earlier.
The company posted a net profit of ₹31.7 crore, compared with a loss of ₹48 crore in the same quarter last year.
Income up, margins improve
Total income rose 53% YoY to ₹188.2 crore, while expenses increased to ₹92.5 crore from ₹74.4 crore.
BlackBuck also incurred an exceptional cost of ₹3.8 crore due to the notification of new labour codes.
Profitability metrics strengthened:
-
Adjusted EBITDA up 51% YoY to ₹50 crore
-
EBITDA rose nearly 49% to ₹44.8 crore
Core and growth businesses gain momentum
BlackBuck’s core offerings — including its digital load marketplace, tolling, telematics, vehicle tracking, and fuel monitoring — grew 31.2% YoY and 11.4% sequentially, the company said.
Its newer “growth businesses” delivered sharper gains:
-
Revenue surged 271% YoY to ₹34.4 crore
-
Led by Superloads and vehicle finance
The Superloads platform, which provides end-to-end shipment management, is now live in nine cities, while vehicle finance disbursals grew 35% quarter-on-quarter.
Rising adoption
Platform usage also increased:
-
Total transaction value up 23% YoY to ₹7,500 crore
-
8.3 lakh transacting customers
-
Users accessing two or more services rose 20% to 4.2 lakh
The company said it has disbursed nearly ₹10 crore directly to drivers to date.
Growth strategy
BlackBuck said its strategy remains focused on:
-
Expanding market share
-
Sustained growth
-
Profitability
-
Investments in new business lines
Backed by Accel and Flipkart, the company listed on stock exchanges in November 2024. Its shares traded marginally lower at ₹619 on the NSE and BSE on Thursday.
With stronger margins and scaling new services, BlackBuck appears to be strengthening its position in India’s fast-growing digital logistics ecosystem.
