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Shiprocket FY26 revenue tops Rs 2,000 crore; loss widens 7% ahead of IPO
Indian e-commerce enablement firm Shiprocket reported FY26 operating revenue of Rs 2,024 crore, up 24%, while net loss widened 7% to Rs 79 crore. Ahead of its IPO, it cut the proposed issue size 31% to Rs 1,617.48 crore.
Reported figures
From the report. Source details below
| FY26 operating revenue: | Rs 2,024 crore, up 24% YoY from Rs 1,632 crore |
|---|---|
| FY26 net loss: | Rs 79 crore, up 7% from Rs 74 crore |
| Core domestic shipping and technology revenue: | Rs 1,485 crore, up 13.7% YoY |
| Emerging business revenue: | Rs 539 crore, up 65% YoY |
| Total income: | Rs 2,077 crore |
| Total expenditure: | Rs 2,153 crore, up 23% YoY |
| Materials consumed: | Rs 1,515 crore, up 24.1% YoY |
| Employee benefits: | Rs 380 crore, including Rs 112 crore ESOP expense |
| Advertising and promotion: | Rs 36 crore, up 71% YoY |
| IPO size reduced 31% to Rs 1,617.48 crore from | Rs 2,342.35 crore |
| Fresh issue reduced to Rs 885.5 crore from | Rs 1,100 crore |
| OFS reduced to Rs 731.98 crore from | Rs 1,242.35 crore |