Logistics company BlackBuck maintained its profitability streak in the third quarter of FY26 (Q3 FY26), posting a consolidated net profit of ₹31.7 Cr as against a loss of ₹48 Cr in the year-ago period. On a sequential basis, this marked a near 9% increase from ₹29.2 Cr. Operating revenue surged 50% YoY and 14% QoQ to ₹171.8 Cr. Including other income of ₹16.5 Cr, the company’s total income during the quarter under review stood at ₹188.3 Cr. Truck operator services raked in the highest revenue at ₹168.7 Cr (up 50% YoY). Lending business’ revenue recorded a more than 2X YoY jump to ₹3.3 Cr. In terms of profitability contribution, truck operator services, which is BlackBuck’s core business segment, posted a profit of ₹50 Cr, up 56% YoY. The lending vertical raked in a profit of ₹8.1 Lakh during the quarter as against ₹98.5 Lakh in the year-ago period. Important to mention that the company incurred a one-time share-based payment expense of ₹69.4 Cr in the year-ago quarter. BlackBuck’s EBITDA surged 49% YoY to ₹44.8 Cr during the quarter under review. Meanwhile, expenses for the quarter rose 52% YoY to ₹142 Cr. The company also incurred an exceptional item cost of… Read MoreInc42 Media
