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Digital trucking platform BlackBuck reported a 56% year-on-year increase in operating revenue in Q2 FY27, while its net profit grew 42%. The company’s core truck operator services business accounted for almost all operating revenue, while its lending business remained a smaller contributor. However, total expenses rose faster than revenue, while a lower tax outgo helped boost net profit during the quarter. BlackBuck’s consolidated revenue from operations rose to Rs 235 crore in the quarter ended September 2026 from the corresponding period last year, according to its unaudited financial results filed with BSE. The Bengaluru-based company operates a digital platform for truck operators and fleet owners, with services spanning trucking operations and lending. Its truck operator services business includes its core logistics platform, while the lending segment provides a separate revenue stream. Truck operator services generated Rs 232 crore in Q2 FY27, up from Rs 148.7 crore a year earlier. The segment contributed nearly 99% of operating revenue. Revenue from the lending business increased to Rs 3.4 crore from Rs 2.8 crore, but the segment continued to report a loss of Rs 1.7 crore, compared with Rs 77.5 lakh in the year-ago quarter. BlackBuck’s total expenses increased 64% to Rs 210 crore in Q2 FY27 from Rs 128 crore. Other expenses, which include various operating costs, rose to Rs 141 crore from Rs 72.9 crore. Employee benefit expenses increased to Rs 45 crore from Rs 42 crore, while depreciation and amortisation more than doubled to Rs 24.5 crore from Rs 12.4 crore. Despite the increase in expenses, profit before tax rose 10% to Rs 42.8 crore from Rs 38.9 crore. Net profit increased to Rs 41.4 crore from Rs 29.2 crore, helped by a lower tax expense during the quarter. For the first half of FY27, BlackBuck’s operating revenue grew 49% to Rs 439.5 crore from Rs 295 crore in the corresponding period last year. Net profit rose 33% to Rs 84 crore from Rs 63 crore. As of 3 PM today, BlackBuck’s shares were trading at Rs 568.40, giving the company a market capitalisation of Rs 10,413 crore
document fetched 2026-10-30 02:57