Ecommerce enablement platform Shiprocket is showing signs of moving into profitability after their subjected loss in Q1 of Rs 13.7 Cr. This is a result of them going to public by launching their IPO. This is a big step in the companies financial process as they look upfront for a long term profitable journey.

Compared to last year Rs 18 Cr revenue in the same quarter this year they saw a steady rise in their revenue after the post IPO to Rs 13.7 Cr. Their revenue grows by 33.8% from Rs 592 Cr to Rs 448 Cr in Q1 FY26 according to results from National Stock Exchange which is still unaudited. According to investor presentation the company processed 216 million transactions with a GMV of Rs 34662 Cr and 2.24 Lakhs active merchants in FY27. Its core business growed by 22% on the year to Rs 412 Cr while other businesses to Rs 180 Cr during the quarter. 

On the cost side they have largest expenditure to the merchant solutions of Rs 441 Cr while for employee benefits they procured Rs 106 Cr. Overall its expenditure grown to Rs 619 Cr from Rs 474 Cr a year earlier. 

Menawhile the EBITDA was positive at Rs 8.9 Cr during the quarter improved from Rs 1 Cr in the year ago period. The results came soon after Shiprocket's market debut, making the June quarter important test for the company as a listed company. The company was trading at Rs 138.49 presently giving it a total market capital of Rs 10076 Crores.

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Written by Shouvik Sarkar