Shiprocket shares gain 3% as Q1 net loss narrows to Rs 14 crore in first earnings post IPO; revenue up 34% YoY

Shiprocket reported a narrower consolidated net loss of Rs 13.7 crore in Q1FY27, compared with Rs 18 crore a year earlier, while revenue from operations rose 33.8% year-on-year to Rs 592.1 crore. Adjusted EBITDA turned positive at Rs 8.9 crore, supported by strong growth in the emerging business, while core business revenue grew 22%.