Blackbuck records Rs 32 Cr profit on Rs 172 Cr revenue in Q3 FY26

Online trucking platform Blackbuck has released its financial report for the third quarter of the ongoing financial year ending December 2025. The Bengaluru-based company reported a 51% year-on-year growth in scale in Q3 FY26 and posted a profit of Rs 32 crore in the quarter.

Blackbuck's revenue from operations grew to Rs 172 crore in Q3 FY26 from Rs 114 crore in Q3 FY25, its financial statements sourced from the National Stock Exchange (NSE) show.

For the nine-months period, the company’s revenue increased by 53% to Rs 466.5 crore as compared to Rs 305 crore, a year earlier. 

Revenue from its truck operator services was the primary source of revenue, accounting for 98% of total operating revenue. The company also made Rs 16 crore from interest income which took its overall revenue to Rs 188 crore in Q3 FY26, compared to Rs 123 crore in Q3 FY25.

Looking at the expenses, the employee benefit cost accounted for 29% of the overall expenditure which increased by 16% year-on-year to Rs 40.5 crore in Q3 FY26 from Rs 35 crore in Q3 FY25.

Deprecation and other operating expenses were key overheads that drove total expenditure to Rs 142 crore in Q3 FY26, compared to Rs 93 crore in the same quarter last year.

Blackbuck registered a profit of Rs 32 crore in Q3 FY26, as compared to a loss of Rs 48 crore in Q3 FY25. On a quarterly basis, the company’s profit increases 10% from Rs 29 crore in Q2 FY26.

BlackBuck's chairman and CEO, Rajesh Kumar Naidu Yabaji, sold 20 lakh shares (9.37% of his holding) in a Rs 135 crore bulk deal in the third quarter. This transaction reduced his stake in the logistics marketplace from 11.81% to 10.7% of the 18.07 crore total equity base.

Currently, Blackbuck’s share price is trading at Rs 618 (as of 14:11 PM), giving the company a market capitalization of Rs 11,196 crore ($1.2 billion).