Shiprocket Turns PAT Positive in Q2 FY27, Revenue Up 35%

Shiprocket Ltd. reported its Q2 FY27 unaudited financial results, achieving a Profit After Tax (PAT) positive of ₹6 Mn, a significant turnaround from a loss of ₹203 Mn in the prior year and ₹137 Mn in Q1 FY27. Revenue from operations surged by 35% year-on-year to ₹6,736 Mn. The company's Adjusted EBITDA also grew to ₹142 Mn, driven by strong performance in both Core and Emerging business segments. The Core Business saw a 25% revenue growth and a 29% increase in Adjusted EBITDA, while the Emerging Business revenue grew by 61%. Following the receipt of IPO proceeds, Shiprocket repaid all borrowings, becoming debt-free with ₹551 Mn in net cash from operating activities in H1 FY27. The company also highlighted platform scale with TTM GMV of ₹373,987 Mn across 233 Mn transactions and over 236,100 active merchants.