Shiprocket shares rise 6% after Q1 loss narrows
In short
Shiprocket said its Q1FY27 loss narrowed to Rs 13.7 crore from Rs 18 crore a year earlier. Revenue from operations rose 33.8% to Rs 592.1 crore, and adjusted EBITDA turned positive at Rs 8.9 crore.
Shares jumped 6% after the update. Investors still do not know whether the stronger sales will keep improving profits.
What the reporting says
Shiprocket reported a narrower consolidated net loss of Rs 13.7 crore in Q1FY27, while revenue from operations rose 33.8% year-on-year to Rs 592.1 crore. The company also said adjusted EBITDA turned positive at Rs 8.9 crore, helped by 70% revenue growth in the emerging segment and 22% growth in the core business. Shares rose 6% as the results suggested stronger operating momentum, though the EBIT loss in the emerging segment widened.
Why it matters
Shiprocket reported a smaller consolidated net loss of Rs 13.7 crore in Q1FY27, compared with Rs 18 crore a year earlier, while revenue from operations rose 33.8% to Rs 592.1 crore. Adjusted EBITDA turned positive at Rs 8.9 crore, supported by 70% revenue growth in the emerging segment and 22% growth in the core business. The market reaction was positive, but the reporting also notes a wider EBIT loss in the emerging segment.