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Tag: BlackBuck

  • Wellington Management Offloads Blackbuck Shares Valued at ₹54 Crore

    Wellington Management Offloads Blackbuck Shares Valued at ₹54 Crore



    Blackbuck Stake Sale by Wellington Management | Investment Insights

    Blackbuck Stake Sale by Wellington Management

    Blackbuck has seen significant movement as Wellington Management’s offshore investment fund, Ithan Creek Master Investors (Cayman) L.P.F., divested over Rs 53 crore in stake through a bulk deal on the stock exchange. This strategic move highlights ongoing shifts within B2B logistics.

    Details of the Transaction

    According to a recent disclosure on the National Stock Exchange (NSE), Wellington Management sold 9.9 lakh shares at a price of Rs 540.54 each, culminating in a total transaction value of Rs 53.7 crore. This sale marks a pivotal point for Blackbuck’s investor landscape.

    About Ithan Creek Master Investors

    Ithan Creek Master Investors (Cayman) L.P.F. is a Cayman Islands-based offshore investment fund that is actively managed by Wellington Management. With assets under management estimated at over $1.3 billion, the fund participates robustly in both U.S. and Indian equity markets, showcasing its broad investment reach.

    Blackbuck’s Financial Performance

    This stake sale coincides with BlackBuck’s financial disclosures for the first quarter of FY26. According to the report from Startup Superb, the company has achieved a significant 57% increase in revenue year-on-year, amounting to Rs 144 crore during this period. Furthermore, the profit rose by 17% YoY, reaching Rs 34 crore, indicating a notable enhancement in profit margins.

    Growth Drivers

    Blackbuck attributes this growth to enhanced operating leverage alongside expansion into newer business avenues, which have collectively boosted both revenue and profitability. The company’s primary focus remains its core business of providing truck operator services, which constitutes nearly 98% of total revenue for the quarter ending June 2025.

    Current Market Standing

    As of the close of trading on Thursday, August 7, Blackbuck’s stock was valued at Rs 517.4, with an impressive total market capitalisation of Rs 9,278 crore. This robust market performance underscores the company’s solid positioning in the logistics sector.


  • Blackbuck Reports ₹144 Crore Revenue in Q1 FY26, with 17% Surge in Profits

    Blackbuck Reports ₹144 Crore Revenue in Q1 FY26, with 17% Surge in Profits



    Blackbuck Reports 57% Growth in Q1 FY26 – Financial Highlights

    Blackbuck Reports 57% Growth in Q1 FY26

    Blackbuck, a prominent online trucking platform, has unveiled its financial performance for the first quarter of the fiscal year ending March 2026. The Bengaluru-rooted business has achieved an impressive 57% year-on-year growth in scale for Q1 FY26, with a reported profit of Rs 34 crore during this period.

    Revenue Growth and Sources

    In terms of revenue from operations, Blackbuck has experienced significant growth, rising to Rs 144 crore in Q1 FY26 from Rs 92 crore in the same quarter of the previous fiscal year, as outlined in its financial statements sourced from the National Stock Exchange.

    Quarter-on-Quarter Analysis

    When evaluating performance on a quarter-on-quarter basis, Blackbuck’s operating revenue surged by 18%, increasing to Rs 144 crore in Q1 FY26 from Rs 122 crore in Q4 FY25.

    Revenue Composition

    The primary segment contributing to this revenue surge was the truck operator services, which represented 98% of total operating revenue. Additionally, Blackbuck earned Rs 16 crore from interest income, bringing the overall revenue to Rs 160 crore in Q1 FY26 compared to Rs 98 crore during the same quarter last year.

    Expense Analysis

    Examining the expenses, employee benefit costs constituted 32% of the total outlay, which saw a year-on-year decrease of 5%, amounting to Rs 37 crore in Q1 FY26, down from Rs 39 crore in Q1 FY25.

    Depreciation and other operational costs were significant overheads, which resulted in total expenditure reaching Rs 114 crore in Q1 FY26, as opposed to Rs 92 crore in the corresponding quarter of the previous year.

    Profit Growth

    Blackbuck’s net profit experienced a 17% increase, amounting to Rs 34 crore in Q1 FY26, compared to Rs 29 crore in Q1 FY25.

    Stock Market Performance

    Upon debuting on the stock market at Rs 208.90, Blackbuck is currently trading at Rs 481.85 (as of 15:26 PM), resulting in an overall market capitalization of Rs 8,670 crore ($1 billion).


  • Blackbuck Achieves ₹41 Crore Profit Before Tax in Q4 FY25 with 31% Revenue Surge

    Blackbuck Achieves ₹41 Crore Profit Before Tax in Q4 FY25 with 31% Revenue Surge



    Blackbuck Reports Significant Growth in Q4 FY25 | Online Trucking Platform

    Blackbuck Reports Significant Growth in Q4 FY25

    Blackbuck, the online trucking platform, has released its quarterly financial results for the fiscal year ending March 2025. The Bengaluru-headquartered firm experienced a remarkable 31% year-on-year growth in scale during Q4 FY25 and achieved profitability, with a profit before tax (PBT) of Rs 41 crore for the quarter.

    Revenue Increase in Q4 FY25

    Blackbuck’s operational revenue surged to Rs 122 crore in Q4 FY25, up from Rs 93 crore in Q4 FY24, as indicated by its financial statements sourced from the National Stock Exchange. The total operating revenue for the entire fiscal year (FY25) rose by 44%, reaching Rs 427 crore compared to the previous year’s Rs 297 crore.

    Primary Revenue Sources

    The company’s truck operator services were the main contributors to its revenue, accounting for 98% of total operating revenue. Additionally, Blackbuck earned Rs 15 crore from interest income, bringing total revenue to Rs 137 crore in Q4 FY25, compared to Rs 99 crore in Q4 FY24. For the full fiscal year, the overall revenue amounted to Rs 462 crore in FY25.

    Expense Overview

    When examining expenses, the cost associated with employee benefits represented 35% of total expenditure, which saw a decrease of 74% year-on-year, falling to Rs 33 crore in Q4 FY25 from Rs 128 crore in Q4 FY24.

    Cost Management

    Depreciation and other operational costs were significant factors that influenced overall expenditures, which totalled Rs 95 crore in Q4 FY25 versus Rs 187 crore during the same quarter last year. For the full fiscal year ending March 2025, total expenses dropped to Rs 371 crore from Rs 483 crore in FY24.

    Profitability Shifts

    In Q4 FY25, Blackbuck reported a profit before tax of Rs 41 crore, significantly improving from a loss of Rs 87 crore in Q4 FY24. However, for the entire fiscal year that concluded in March 2025, the company recorded a loss of Rs 283 crore before tax, which is a 69% increase compared to Rs 167 crore lost in FY24.

    Stock Performance

    Blackbuck initially entered the stock market at Rs 208.90 and has seen its shares trading at Rs 459 as of May 27. This has resulted in a total market capitalization of Rs 8,180 crore.