Shiprocket shares trade higher after the company reports its first post-IPO quarterly results. Multiple outlets report that the stock gains more than 3% to over 6% following the announcement, as investors respond to improved profitability measures.
In Q1FY27, Shiprocket’s consolidated net loss narrows to about Rs 13.7 crore, down from roughly Rs 18 crore in the same quarter last year. Revenue from operations rises sharply year-on-year, increasing by about 33.8% to approximately Rs 592 crore (with one outlet citing Rs 592.1 crore). Economic Times adds that adjusted EBITDA turns positive at Rs 8.9 crore, and it attributes performance partly to growth in the emerging business; it also notes core business revenue growth of 22%.
