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Shadowfax reports Rs 1,806 Cr revenue in H1 FY26, profits double

EntrackrEntrackr · 10d ago
Shadowfax reports Rs 1,806 Cr revenue in H1 FY26, profits double
Medial

Shadowfax reports Rs 1,806 Cr revenue in H1 FY26, profits double Logistics startup Shadowfax, in the first half of FY26, reported over 68% year-on-year revenue growth, with profits more than doubling. Shadowfax Technologies has filed an updated DRHP with SEBI for its IPO, looking to raise Rs 2,000 crore, comprising Rs 1,000 crore through a fresh issue and Rs 1,000 crore via an offer for sale. In the first half of FY26, the company reported over 68% year-on-year revenue growth, with profits more than doubling. For context, Shadowfax reported 32% year-on-year growth in revenue to Rs 2,485 crore in FY25, along with a net profit of Rs 6.4 crore. The Flipkart-backed firm’s operating revenue grew over 68% year-on-year to Rs 1,805.6 crore in H1 FY26 compared to Rs 1,072 crore in the same period last year. Founded in 2015 by Abhishek Bansal, Vaibhav Khandelwal, Praharsh Chandra, and Gaurav Jaithliya, the Bengaluru-based firm provides last-mile delivery across e-commerce and hyperlocal sectors, serving over 14,000 pin codes through 1.25 lakh delivery partners. Revenue from express forward parcel deliveries contributed nearly 69% of the company’s operating revenue, amounting to Rs 1,238.7 crore. The hyperlocal segment, which includes quick commerce delivery services and accounts for around 20% of the business as of H1 FY26, generated Rs 359.3 crore, reflecting an 82.6% year-on-year increase. Other logistics services contributed an additional Rs 207.5 crore. The company also generated Rs 14.2 crore from non-operating activities, pushing its total revenue to Rs 1,819.8 crore in H1 FY26. On the expense side, delivery personnel costs accounted for 53% of the total expenses, amounting to Rs 956 crore in H1 FY26, a 69% year-on-year increase from Rs 565.3 crore in H1 FY25. Transportation costs formed 18% of the total cost at Rs 325.2 crore, while employee benefit expenses grew 40% to Rs 171.8 crore. The company reported a cost of lost shipments amounting to Rs 148.2 crore in H1 FY26, more than three times higher than the previous year. Other overheads, including rent, travel expenses, professional fees, and miscellaneous costs, added another Rs 197.4 crore, taking total expenses to Rs 1,798.7 crore in H1 FY26. Overall, total expenses increased nearly 67% from Rs 1,079 crore in H1 FY25. As revenue growth outpaces expenditures marginally, the firm’s profit surged over 2X to Rs 21 crore during the first half of FY26, compared to Rs 9.8 crore in H1 FY25. On a unit level, Shadowfax spent Rs 1 to earn a rupee of operating income in the period. Its EBITDA margin also improved to 3.56% in H1 FY26. According to data from TheKredible, Shadowfax has raised approximately $246 million to date. Eight Roads Ventures is the largest external stakeholder, followed by Flipkart, NewQuest Asia, and Nokia Growth Partners. As per its UDRHP, the IPO-bound company plans to use the proceeds from the fresh issue of Rs 1,000 crore to expand its logistics infrastructure, enhance technology capabilities, and pursue inorganic growth opportunities. A portion of the funds will also be allocated toward repaying existing borrowings.

Info Edge posts Rs 729 Cr revenue in Q2 FY26

EntrackrEntrackr · 1m ago
Info Edge posts Rs 729 Cr revenue in Q2 FY26
Medial

Info Edge (India) Ltd, the parent company of Naukri.com, 99acres, and Jeevansathi, reported a 12% increase quarter-on-quarter in its revenue to Rs 729 crore for the quarter ended September 2025. Revenue from Naukri.com accounted for 76% of the total income, which grew 11% to Rs 545 crore in Q2 FY26 from Rs 492 crore in Q2 FY25. Meanwhile, its real estate vertical, 99acres, recorded a 14% QoQ jump in revenues to Rs 122.4 crore in Q2 FY26. The other segment, which includes platforms such as Shiksha and Jeevansathi, saw the highest growth at 21%, reaching Rs 61.6 crore during the quarter. For the half-year ended September 2025, Info Edge’s total revenues grew 12% year-on-year to Rs 1,373.2 crore in H1 FY26 from Rs 1229.7 crore in H1 FY25. During the first half of FY26, recruitment solutions accounted for 74% of the revenue, which rose 10% to Rs 1,015.3 crore from Rs 923.4 crore in H1 FY25. 99acres rose 15.1% to Rs 216.8 crore in H1 FY26 from Rs 188.4 crore in H1 FY25. Meanwhile, the other verticals including Shiksha and Jeevansathi recorded a 19.7% growth to Rs 141.1 crore. Info Edge Ventures is also set to lead ShipGlobal’s pre-Series A round, investing in 2,143 preference shares for Rs 15 crore. Post this, Info Edge will hold 23.81% of ShipGlobal. Info Edge had also announced an investment of Rs 12 crore in its wholly-owned subsidiary, Zwayam Digital Private Limited, which operates in the SaaS space, offering sourcing and screening recruitment solutions. For the first quarter, the company’s operating revenue rose to Rs 791 crore in Q1 FY26 from Rs 677 crore in Q1 FY25, while its profit grew by 32% to Rs 343 crore in Q1 FY26, compared to Rs 259 crore in Q1 FY25. As of 15:15 PM, Info Edge is trading at Rs 1,347, down 1.5% from today’s opening price. The firm’s market capitalization stands at Rs 86,966 crore.

Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26

EntrackrEntrackr · 4d ago
Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26
Medial

Nykaa posts Rs 33 Cr profit on Rs 2,346 Cr revenue in Q2 FY26 Online beauty and fashion platform Nykaa has continued its strong growth in Q2 FY26, with its revenue from operations rising 25% year-on-year and profits surging 2.5X during the quarter ending September 2025. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,346 crore in Q2 FY26, compared to Rs 1,875 crore in Q2 FY25. On a half yearly basis, Nykaa’s operating revenue increased 24% to Rs 4,501 crore in H1 FY26 from Rs 3,621 crore in H1 FY25. The beauty segment accounted for 91% of the total revenue at Rs 2,132 crore, while the fashion segment contributed 8.7% of the operating income in the Q2 FY25. For Nykaa, the cost of materials constituted 56% of its total expenditure, rising to Rs 1,292 crore in Q2 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,297 crore during the quarter. Steady growth in its scale helped Nykaa achieve 2.5X increase in profit to Rs 33 crore in Q2 FY26, compared to Rs 13 crore in Q2 FY25. For the six months ended September 2025, the company’s profit doubled to Rs 57 crore in H1 FY26 from Rs 27 crore in H1 FY25. At the close of today's trading session, Nykaa's stock was priced at Rs 246, giving the company a market capitalization of Rs 70,375 crore ($8 billion).

Thyrocare posts Rs 216 Cr revenue in Q2 FY26; profit rises 81%

EntrackrEntrackr · 27d ago
Thyrocare posts Rs 216 Cr revenue in Q2 FY26; profit rises 81%
Medial

Thyrocare posts Rs 216 Cr revenue in Q2 FY26; profit rises 81% Diagnostics major Thyrocare Technologies posted a strong performance in the second quarter of FY26, reporting strong growth in both revenue and profit, supported by higher testing volumes across its diagnostic and imaging segments. The company’s consolidated revenue from operations grew 22% year-on-year (YoY) to Rs 216.5 crore in Q2 FY26 from Rs 177.36 crore in Q2 FY25, as per its filings with the stock exchanges. Sequentially, the company’s revenue rose 12% from Rs 193 crore in Q1 FY26. The growth was primarily driven by the diagnostic testing services segment, which contributed over 93% of total revenue, while the imaging services segment (including PET-CT and radiopharmaceuticals) accounted for Rs 14.2 crore during the quarter. Thyrocare’s profit after tax jumped 81% YoY to Rs 47.9 crore in Q2 FY26, compared to Rs 26.4 crore in the corresponding quarter last year, aided by margin expansion and operational leverage. For the first half of FY26, the company recorded a net profit that grew 71% to Rs 86.1 crore from Rs 50.4 crore in H1 FY25. The company’s EBITDA margin improved to 33%, with total expenses growing at a slower pace (10% YoY) than revenue. During the quarter, the cost of materials consumed rose to Rs 59.8 crore, while employee benefits expenses stood at Rs 33.2 crore. Thyrocare’s board has also approved a 2:1 bonus issue, allotting two fully paid-up shares for every existing share held by shareholders as of the record date. The board also declared an interim dividend of Rs 7 per share for FY26, with October 24 set as the record date. At the end of H1FY26, Thyrocare had a total current asset of Rs 323 crore with cash and bank balances of Rs 70 crore. The company is currently traded at Rs 1270.5 (as on 12.35 PM) with the total market capitalization of Rs 6,754 crore ($767 million).

MapMyIndia posts Rs 114 Cr revenue in Q2 FY26, profit falls 38%

EntrackrEntrackr · 1d ago
MapMyIndia posts Rs 114 Cr revenue in Q2 FY26, profit falls 38%
Medial

CE Info Systems, the parent company of MapMyIndia, has announced its financial results for the second quarter of FY26. The company reported a year-on-year revenue growth of 10% compared to Q2 FY25. MapMyIndia’s revenue from operations increased to Rs 114 crore in Q2 FY26 from Rs 104 crore in Q2 FY25, according to its consolidated quarterly report sourced from the National Stock Exchange (NSE). On a half-yearly basis, MapMyIndia’s operating revenue increased 15% to Rs 235 crore in Q2 FY26 from Rs 205 crore in Q4 FY25. Income from digital map data, GPS navigation, location-based services, and IoT was the primary source of revenue for MapMyIndia, accounting for 88% of the total collection. This revenue source increased by 16% to Rs 100 crore in Q2 FY26. However, income from the sale of its devices generated Rs 14 crore in the quarter ending September 2025. The cost of IoT devices, employee benefits, and outsourced technical services were the major cost elements. Notably, the cost of technical service outsourcing spiked more than 3X to Rs 32.6 crore in Q2 FY26 from Rs 10 crore in Q2 FY25. Overall, total cost of the firm rose to Rs 94 crore in Q2 FY26 from Rs 72.5 crore in Q2 FY25. With expense outpacing revenue growth, MapMyIndia’s profit fell 38% to Rs 18.5 crore during Q2 FY26, compared to Rs 30 crore in the first quarter of the previous fiscal year. For the six months ending September 2025, the company’s profit remained stable at Rs 64 crore in H1 FY26 as compared to Rs 66 crore in H1 FY25. At the end of the day, MapMyIndia closed at Rs 1,818 per share, with a market capitalization of Rs 9,948 crore ($1.1 billion).

Delhivery slips into losses in Q2 FY26; revenue grows 17%

EntrackrEntrackr · 6d ago
Delhivery slips into losses in Q2 FY26; revenue grows 17%
Medial

Fintrackr All Stories Delhivery slips into losses in Q2 FY26; revenue grows 17% Logistics company Delhivery announced its Q2 FY26 results on Wednesday, reporting a 17% year-on-year increase in revenue. The Gurugram-based firm slipped into losses during the same period. Delhivery’s revenue from operations grew to Rs 2,559 crore in Q2 FY26 from Rs 2,190 crore in Q2 FY25, according to its financial statements filed with the National Stock Exchange (NSE). Delhivery's primary revenue sources were its logistics services, including warehousing, last-mile logistics, and designing and deploying logistics management systems. The firm also earned Rs 92 crore from non-operating activities, bringing its total revenue to Rs 2,651 crore in Q2 FY26. For Delhivery, freight handling and servicing costs made up 68% of its total expenditure, rising by 12.5% to Rs 1,843 crore in Q2 FY26. Employee benefit expenses decreased by 22% to Rs 425 crore. Legal, depreciation, and other overhead costs contributed to an 18% increase in overall expenditure, which reached Rs 2,708 crore in Q2 FY26 from Rs 2,294 crore in Q2 FY25. Delhivery's expenditure outpacing revenue resulted in a loss of Rs 50 crore in Q2 FY26, compared to a profit of Rs 10 crore in Q2 FY25. For the half-year, its profit decreased by 37% to Rs 40.5 crore in H1 FY26 as compared to Rs 64.5 crore in H1 FY25. At the end of the last trading session, Delhivery’s share price stood at Rs 486, giving the company a market capitalization of Rs 36,335 crore (approximately $4 billion).

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