BlackBuck Q2: Profit Rises 42% YoY To ₹41 Cr, Revenue Jumps 56%

BlackBuck, the trucking platform, announced a significant surge in its financials for the Q2 of FY27, with consolidated net profit rising 42% year-on-year to ₹41.4 Cr. Operating revenue experienced an impressive 56% increase, reaching ₹235.3 Cr, up from ₹151.1 Cr in the previous year. Sequentially, the net profit saw a slight dip of 1.8% compared to the previous quarter, while operating revenue expanded by 15.3% from ₹204.2 Cr.

The company attributed its profit growth to a substantial decrease in tax expenses, which dropped dramatically from ₹9.7 Cr in the prior year to ₹1.4 Cr. Profit before tax also rose by 10% YoY to ₹42.8 Cr, up from ₹38.9 Cr. Additionally, other income contributed ₹17.8 Cr to the total income, which climbed to ₹253.2 Cr from ₹167.2 Cr.

However, the total expenses increased by 64% to ₹210.3 Cr, surpassing the growth in operating revenue. The company recognized a deferred tax credit of ₹1.2 Cr during the quarter, as opposed to a deferred tax expense of ₹5.9 Cr in the Q2 of FY26. Its current tax expense also decreased to ₹2.6 Cr, compared to ₹3.9 Cr in the previous quarter.