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BlackBuck’s consolidated net profit rose 41.8% YoY to ₹41.4 Cr in Q2 FY27, while operating revenue jumped 55.7% to ₹235.3 Cr. A lower tax bill supported profit growth, with pre-tax profit rising 10% YoY. Total expenses increased faster than operating revenue, rising 64% to ₹210.3 Cr in Q2 FY27. Trucking platform BlackBuck reported a 41.8% jump in consolidated net profit to ₹41.4 Cr in the September quarter of FY27 from ₹29.2 Cr in the year-ago period. Operating revenue climbed 55.7% to ₹235.3 Cr from ₹151.1 Cr. Sequentially, net profit declined 1.8% from ₹42.2 Cr, while operating revenue increased 15.3% from ₹204.2 Cr. BlackBuck’s profit growth was supported by a sharp reduction in its tax expense to ₹1.4 Cr from ₹9.7 Cr a year earlier. Profit before tax increased 10% YoY to ₹42.8 Cr from ₹38.9 Cr. The company recognised a deferred tax credit of ₹1.2 Cr during the quarter as against a deferred tax expense of ₹5.9 Cr in Q2 FY26. Its current tax expense also declined to ₹2.6 Cr from ₹3.9 Cr. Meanwhile, EBITDA rose 39% YoY to ₹50.6 Cr from ₹36.5 Cr. Adjusted EBITDA, which also excludes employee share-based payment expenses, increased 29% to ₹55 Cr from ₹42.7 Cr. Other income stood at ₹17.8 Cr, compared with ₹16.1 Cr a year earlier. Including this, total income increased to ₹253.2 Cr from ₹167.2 Cr. Total expenses rose 64% YoY to ₹210.3 Cr from ₹128.3 Cr, outpacing operating revenue growth. Growth Businesses Gain Ground BlackBuck’s core payments and telematics businesses reported a 31% YoY increase in revenue to ₹161.4 Cr from ₹123.4 Cr. Revenue from these businesses grew 11% sequentially. Its offerings include toll payments through FASTag, fuel payments, vehicle tracking, AIS-GPS devices, and fuel sensors. The tolling business recorded a 17% YoY increase in gross transaction value (GTV) to ₹7,070 Cr from ₹6,039 Cr. The number of tolling transactions rose 12% to 17.4 Cr. BlackBuck also reported an increase in FASTag issuances and said its telematics business recorded new highs in device sales. Meanwhile, revenue from its growth businesses, which include managed freight service Superloads, freight marketplace Loads Classifieds, and vehicle financing, surged 166% YoY to ₹73.9 Cr from ₹27.8 Cr. Revenue increased 25% sequentially. The company said Superloads’ growth was supported by productivity gains in existing cities and expansion into new markets, while unit economics continued to strengthen. Its vehicle finance business remained on track to achieve EBITDA break-even, supported by growth in AUM on a steady cost base, it added. Transacting Customer Base Expands BlackBuck’s average monthly transacting truck operators increased 13% YoY to 8,95,125 from 7,91,670. Monthly transacting users using at least two services rose 19% to 4.76 Lakh from 3.99 Lakh. However, average daily time spent on the app by transacting customers declined 3% to 41.8 minutes from 43.2 minutes. Founded in 2015 by Rajesh Kumar Naidu Yabaji, Chanakya Hridaya, and Ramasubramanian Balasubramaniam, BlackBuck provides digital services to truck operators, spanning payments, vehicle tracking, freight discovery, and vehicle financing. It also operates an online B2B marketplace for intercity full truckload (FTL) transportation. Shares of BlackBuck ended today’s session 1.59% lower at ₹562.3 on the BSE.
document fetched 2026-10-30 02:57 · canonical https://inc42.com/buzz/blackbuck-q2-profit-rises-42-yoy-to-%e2%82%b941-cr-revenue-jumps-56