Shadowfax Technologies Sees Remarkable Growth in Q1 FY27

Shadowfax Technologies has reported impressive growth in Q1 FY27, with the logistics and last-mile delivery company achieving a 65% increase in operating revenue compared to the previous year. The profit has also seen an incredible surge, rising more than eightfold to Rs 65 crore during this quarter.

The revenue from operations reached Rs 1,358 crore in Q1 FY27, a significant rise from Rs 824 crore in the same quarter last year, based on its financial report from NSE. Shadowfax functions within the last-mile and hyperlocal logistics sector, serving ecommerce marketplaces, D2C brands, and quick commerce platforms.

Competitive Landscape

In this highly competitive market, Shadowfax competes with major players such as Delhivery, XpressBees, Ecom Express, and Ekart. The company additionally reported Rs 21 crore in other income, leading to a total income of Rs 1,379 crore in Q1 FY27. Compared to the previous quarter, total income increased by 10% from Rs 1,253 crore noted in Q4 FY26.

Expenditure Overview

The firm did not provide a detailed breakdown of expenses. However, employee benefit costs rose by 49% year-on-year to Rs 124 crore, and depreciation and amortisation expenses climbed by 82% to Rs 40 crore. Overall, Shadowfax’s total expenditure surged by 60% year-on-year, reaching Rs 1,314 crore during the quarter.

Profit and Market Performance

Shadowfax Technologies achieved an impressive profit increase of more than eightfold to Rs 65 crore in Q1 FY27, up from Rs 8 crore in the same quarter last year, as revenue growth continues to exceed rising expenses.

As of 12:41 PM today, Shadowfax’s share price rose by 8% to around Rs 237, valuing the company at Rs 13,848 crore (approximately $1.45 billion).