BlackBuck began FY27 with consolidated quarterly revenue of ₹204.17 crore, its first quarter above ₹200 crore. Total income, including interest and other income of ₹16.31 crore, stood at ₹220.48 crore. This represents year‑on‑year growth of 42% in operating revenue and 38% in total income.
Profit and segment performance
Net profit after tax rose 25% year‑on‑year to ₹42.17 crore, though it declined 36% versus the previous quarter. The company reported a strong contribution margin of 93%, amounting to ₹152.74 crore. Quarterly expenses were ₹178.35 crore, with employee benefit costs at ₹42.55 crore, including ₹4.90 crore of share‑based payments.
The payments and telematics business remained the largest revenue driver at ₹145.18 crore, up 21% year‑on‑year. Tolling Gross Transaction Value reached ₹7,045 crore, a 16% rise, reflecting recovery in toll flows by quarter end. Fueling showed limited recovery and remains below pre‑slowdown levels.
Newer businesses and lending
Newer verticals delivered the fastest growth. Revenue from Superloads and Vehicle Finance surged 153% to ₹58.99 crore. Lending contributed ₹3.18 crore in the quarter. Management expects vehicle finance to reach profitability by the end of the financial year.
Customer traction and reach
Active transacting customers rose to about 900,000. Monthly transacting truck operators averaged 883,386, up 13% year‑on‑year. Customers using two or more services grew 19% to 458,919. Average daily app engagement was 44.11 minutes per transacting user, underscoring platform dependency for operations.
BlackBuck’s physical network exceeds 10,000 touchpoints, covering nearly 80% of India’s districts. The company retains a leading position in commercial vehicle toll payments.
Corporate updates and governance
BlackBuck Finserve Private Limited was classed as a Material Subsidiary after its net worth crossed 10% of the group’s consolidated net worth, triggering enhanced SEBI governance and disclosure norms. Company Secretary and Compliance Officer Barun Pandey has withdrawn his resignation and will continue in the role.
The firm changed its name from Zinka Logistics Solutions Limited to BlackBuck Limited. A non‑material subsidiary, ZZ Logistics Solutions Private Limited, has been struck off by the Ministry of Corporate Affairs.
The Income Tax Department dropped penalty proceedings for AY 2018‑19 after an appellate body removed a ₹10.3 crore ESOP‑related addition. ICRA upgraded BlackBuck’s short‑term rating to [ICRA]A2+, citing an asset‑light model, healthy liquidity of over ₹1,025 crore, and sound margins.
The 11th AGM will be held via video conferencing on September 18, 2026, where shareholders will consider items including a non‑executive nomination, share capital changes, and ESOP trust implementation.