IPO-bound Shadowfax posts 114% net profit surge in H1FY26

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Logistics platform Shadowfax’s net profit surged 114% to Rs 21 crore in the first half of FY26 from Rs 9.8 crore reported a year before for the same period, according to the company’s updated draft red herring prospectus (DRHP) document.

The company posted operational revenue of Rs 1,805 crore between April-June of this fiscal year, a 68% surge from Rs 1,072 crore for the same period last year.

The IPO-bound company’s net profit surge comes on the back of strong revenue growth, even as the expenses for the period grew.

Shadowfax filed an updated…



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IPO-bound Shadowfax posts 114% net profit surge in H1FY26



Logistics platform Shadowfax’s net profit surged 114% to Rs 21 crore in the first half of FY26 from Rs 9.8 crore reported a year before for the same period, according to the company’s updated draft red herring prospectus (DRHP) document.

The company posted operational revenue of Rs 1,805 crore between April-June of this fiscal year, a 68% surge from Rs 1,072 crore for the same period last year.

The IPO-bound company’s net profit surge comes on the back of strong revenue growth, even as the expenses for the period grew.

Shadowfax filed an updated…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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