IT Software Products company Shiprocket announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The consolidated revenue from operations for Q1FY27 stood at Rs 5,920.87 million, registering a growth of 6.79% compared to Rs 5,544.33 million in Q4FY26 (QoQ) and a significant increase of 33.81% from Rs 4,424.97 million in Q1FY26 (YoY). Total Income: Total income for Q1FY27 reached Rs 6,057.62 million, an increase of 6.95% from Rs 5,664.01 million in Q4FY26 (QoQ) and up 32.76% from Rs 4,562.70 million in Q1FY26 (YoY). Net Loss: The company successfully narrowed its net loss to Rs 137.14 million in Q1FY27. This marks a 15.85% improvement from a loss of Rs 162.98 million in Q4FY26 (QoQ) and a 23.95% improvement compared to a loss of Rs 180.33 million in Q1FY26 (YoY). Total Comprehensive Loss: Total comprehensive loss for Q1FY27 was Rs 158.99 million, compared to a loss of Rs 158.17 million in Q4FY26 and a loss of Rs 196.80 million in Q1FY26. Earnings Per Share (EPS): The basic and diluted EPS for Q1FY27 stood at Rs (0.21), an improvement from Rs (0.25) in Q4FY26 and Rs (0.28) in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 was Rs 5,807.22 million, reflecting a 6.47% growth from Rs 5,454.14 million in Q4FY26 (QoQ) and a 32.82% increase from Rs 4,372.17 million in Q1FY26 (YoY). Total Income: Standalone total income stood at Rs 5,955.85 million in Q1FY27, growing by 6.70% from Rs 5,582.25 million in Q4FY26 (QoQ) and up 31.89% from Rs 4,515.71 million in Q1FY26 (YoY). Net Profit: The standalone business turned profitable, posting a net profit of Rs 201.64 million in Q1FY27. This is a major turnaround compared to a net loss of Rs 67.54 million in Q4FY26 (QoQ) and a net loss of Rs 89.85 million in Q1FY26 (YoY). Total Comprehensive Income: The company reported a positive total comprehensive income of Rs 184.43 million in Q1FY27, against a loss of Rs 66.80 million in Q4FY26 and a loss of Rs 104.40 million in Q1FY26. Earnings Per Share (EPS): Basic and diluted EPS turned positive at Rs 0.31 in Q1FY27, recovering from Rs (0.10) in Q4FY26 and Rs (0.14) in Q1FY26. Business Highlights: Segment-wise Performance: Core Business Segment: This segment generated revenue of Rs 4,117.37 million in Q1FY27, growing by 4.00% sequentially from Rs 3,958.90 million in Q4FY26 and by 22.32% year-on-year from Rs 3,366.09 million in Q1FY26. The segment posted a positive result of Rs 526.87 million for the quarter. Emerging Business Segment: Revenue from this segment reached Rs 1,803.50 million in Q1FY27, showing a robust growth of 13.75% from Rs 1,585.43 million in Q4FY26 and surging 70.32% from Rs 1,058.88 million in Q1FY26. The segment reported a loss of Rs 437.49 million for the quarter. Successful IPO and Listing: Subsequent to the quarter ended June 30, 2026, the company completed its Initial Public Offer (IPO) of 166,761,566 equity shares (face value of Rs 10 each). The issue comprised a fresh issue of 91,299,203 shares and an offer for sale of 75,462,363 shares, aggregating to Rs 16,174.85 million. The equity shares were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on August 19, 2026. ESOP Ratification and Adjustments: The Board recommended the ratification of the Shiprocket Employee Stock Option Plan 2016 (ESOP 2016) and ESOP 2024. Factoring in a previously approved 265:1 bonus share issue, the maximum number of shares that can be allotted is adjusted to 67,135,740 equity shares under ESOP 2016 and 27,584,466 equity shares under ESOP 2024. Corporate Appointments: The Board recommended M/s. B S R & Co. LLP as the Statutory Auditors for a consecutive 5-year term. Additionally, M/s. DMK Associates was appointed as the Secretarial Auditor for a 5-year term spanning FY 2026-27 to FY 2030-31. Saahil Goel, Managing Director & CEO, Shiprocket, said: “India's e-commerce market is expected to more than double to USD 180–200 billion by 2030. Almost none of the merchants driving that growth will build their own logistics, payments and growth stack. They will rent it. That is what we are building. India has roughly 60Mn MSMEs, the majority of which are the long tail of commerce and have never had infrastructure built for their scale, and they will not get it from a single product. They need a stack they can take pieces from and grow into. Q1 results are consistent with how we are building: revenue up 34%, Adjusted EBITDA up to Rs 89 million versus Rs 10 million, and our newer businesses now 30% of revenue against 24% a year ago. We are only a few years into a decade-long build, and we continue to double down and invest behind unlocking the true potential of India's businesses.” Tanmay Kumar, CFO, Shiprocket, said: "Some of the lines we have invested in, like Ads, barely existed two years ago. This quarter, Ads and Marketing Solutions grew around 193%, and Emerging as a whole grew 70%, and lifted its contribution margin from 9.3% to 15.3%. The overall expansion in profitability alongside 34% revenue growth is an outcome of both our Core and Emerging engines working together. The Core Business generated Rs 527 million of Adjusted EBITDA at a 12.8% margin against 12.3% a year ago. We put part of that back into Checkout, Cross-border and Omnichannel solutions, and the company closed the quarter with Adjusted EBITDA of Rs 89 million against Rs 10 million a year earlier. Merchants are choosing more of our stack each year, and every product we add helps support the cross-sell as our portfolio widens.” Result PDF