Shiprocket cuts Q1 loss to Rs 13.7 crore, revenue nears Rs 600 crore post IPO

Recently-listed logistics startup Shiprocket narrowed its consolidated net loss by 24% to Rs 13.7 crore in the June quarter of fiscal 2026-27 (Q1 FY27), compared with a loss of Rs 18 crore in the same quarter last year. Sequentially, its losses fell 16% from Rs 16.3 crore. Revenue from operations jumped 34% year-on-year (YoY) to Rs 592.1 crore in Q1 FY27.