Business · Companies · 5 hrs ago

BlackBuck’s Q2 Revenue Rose 56% as It Invested in New Businesses

BlackBuck’s Q2 Revenue Rose 56% as It Invested in New Businesses

BlackBuck reported 55.7% higher revenue in Q2 FY27, reaching ₹235.33 crore.

The India-based company provides digital services for truck operators, who need to find loads, pay tolls, track vehicles and arrange financing.

Founded in 2015 as a truck-load marketplace, BlackBuck has since expanded into payments, fleet tracking, freight services and vehicle financing.

Its Payments and Telematics businesses, which it calls its core, grew 31% to ₹161.39 crore, while its newer growth businesses rose 166% to ₹73.94 crore.

Net profit increased 41.8% to ₹41.4 crore, but total expenses rose 64% as the company spent more on customer acquisition and SuperLoads.

CEO Rajesh Yabaji said upfront costs can reduce earnings in a quarter, with the company expecting to recover them over the customer relationship.

The challenge is growing new services without weakening the core business’s profitability.

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Rajesh YabajiBlackBuck CEO
Wherever we see opportunities, we are expanding and gaining more market share. So, as and when there are spurts in customer acquisition, EBITDA suppresses in that particular quarter.
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