Shiprocket Trims Q1 Loss By 24% YoY To ₹13.7 Cr, Revenue Surges 34%

Recently listed logistics company Shiprocket managed to cut its net loss for the June quarter (Q1 FY27) by 24% to ₹13.7 Cr from ₹18 Cr. The company managed to cut its loss by 16% from ₹16.3 Cr loss incurred in the previous quarter. Operating revenue zoomed 34% YoY and 7% QoQ to ₹592.1 Cr.