Logistics company BlackBuck posts Rs 160 crore FY26 profit as revenue jumps 53%
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Startup Spotlight India
- May 20, 2026
Logistics firm BlackBuck reported strong financial performance in the fourth quarter of FY26, driven primarily by growth in its core truck operator services segment.
The Bengaluru-based company posted revenue from operations of ₹185.43 crore in the January–March quarter, marking a significant increase from ₹121.81 crore in the same period last year and ₹171.78 crore in the preceding quarter. Total income for the quarter rose to ₹199.57 crore.
Net profit for Q4 FY26 came in at ₹65.73 crore, up from ₹31.72 crore in the previous quarter. This figure includes a deferred tax credit benefit of ₹28.59 crore; excluding this, the adjusted profit stands at approximately ₹37 crore.
Expenses also rose during the quarter, with total costs increasing 67.5% year-on-year to ₹159.21 crore from ₹95.1 crore. Employee benefits remained the largest expense category, rising nearly 24% to ₹40.8 crore.
The company’s truck operator services business continued to be its primary growth driver, contributing ₹183.53 crore in revenue, while its lending segment added ₹2.14 crore during the quarter.
For the full financial year ending March 2026, BlackBuck reported a 52.7% jump in revenue from operations to ₹651.97 crore, compared to ₹426.73 crore in FY25. Total annual income stood at ₹714.60 crore.
The company recorded a profit before tax of ₹167.48 crore, a sharp turnaround from a loss of ₹282.92 crore in the previous year. Net profit for FY26 stood at ₹160.34 crore, compared to a loss of ₹8.66 crore in FY25.
On a segment basis, truck operator services generated ₹641.95 crore in annual revenue, accounting for the bulk of total operating income, while the lending business contributed ₹10.99 crore.
BlackBuck’s balance sheet also showed improvement, with consolidated total assets rising to ₹1,736.31 crore as of March 31, 2026, up from ₹1,432.81 crore a year earlier. Total equity stood at ₹1,421.86 crore, while cash and cash equivalents were ₹91.56 crore at the end of the fiscal year.
The company generated ₹169.43 crore in cash from operating activities during FY26. Meanwhile, cash outflows from investing and financing activities stood at ₹170.89 crore and ₹11.47 crore, respectively.
Earlier in the fiscal year, chairman and CEO Rajesh Kumar Naidu Yabaji sold 20 lakh shares worth around ₹135 crore through a bulk deal, reducing his stake in the company from 11.81% to 10.7%.
