Shadowfax Technologies Sees Growth in Q4 FY26 Results

Shadowfax Technologies has reported its Q4 FY26 results today, showcasing a robust quarterly performance following its filing for a listing on Indian stock exchanges. The logistics and last-mile delivery company experienced a 74% increase in operating revenue year-on-year, with a profit of Rs 56 crore during the quarter.

Per its financial statement sourced from NSE, the company’s revenue from operations surged to Rs 1,253 crore in Q4 FY26, up from Rs 712 crore in the corresponding quarter last year. Shadowfax operates within the last-mile and hyperlocal logistics sector, catering to ecommerce marketplaces, D2C brands, and quick commerce players. The firm faces competition from other notable players like Delhivery, XpressBees, Ecom Express, and Ekart, in a highly competitive environment.

An additional Rs 16 crore was contributed from other income, bringing the total income for the quarter to Rs 1,253 crore. Over the full year FY26, Shadowfax’s operational revenue increased by 69% to reach Rs 4,202 crore. Simultaneously, its profit soared more than 17 times, climbing to Rs 112 crore from Rs 6.4 crore in FY25.

While the company did not provide a detailed breakdown of expenses, employee benefit expenses rose by 46% to Rs 112 crore, and finance costs increased by 32% to Rs 6.5 crore. Overall, the company’s total expenditure grew by 64% year-on-year to Rs 1,198 crore.

Ultimately, Shadowfax Technologies achieved profitability in Q4 FY26, recording a profit of Rs 56 crore compared to a loss of Rs 10 crore in the same quarter of the previous year, as its growth in revenue exceeded the rise in expenses.

At the close of today’s trading session, Shadowfax’s share price was Rs 165, leading to a total market capitalization of Rs 9,822 crore ($1.15 billion).