Shadowfax Technologies reported a strong performance in the December quarter, driven by sharp revenue growth and improved operating leverage. The logistics startup’s net profit rose to ₹35 crore in Q3, compared with ₹6 crore in the same quarter last year.
Revenue from operations grew 65.5% year-on-year to ₹1,159.7 crore, up from ₹700.6 crore in the year-ago period, aided by higher shipment volumes and improved scale across its delivery network.
Operating performance strengthened during the quarter, with EBITDA rising to ₹66.5 crore from…

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