Shiprocket shares jump 7% as Q1 net losses shrink on strong revenue growth; here’s what investors should know

Logistics solutions provider Shiprocket shares surged around 7% during the morning market hours on Tuesday, September 8, as investors focused on the company’s shrinking April to June quarter net losses for the fiscal year 2026-27, due to strong support from revenue growth in the period.

NSE data showed that Shiprocket shares rallied 6.8% to touch an early market high of ₹144.50 apiece during Tuesday’s trading session, in comparison to ₹135.21 apiece at the previous equity market close.

The company's shares retracted some of their gains after the day’s high, trading around 3.17% higher at ₹139.49 apiece during the trading session on September 8.

Shiprocket’s management attributed the healthy Q1 performance to the company’s two growth engines, namely the performance of its core business and the emerging business in the period under review.

As per the official release, the company launched a new and improved RADAR, which is an AI-powered courier intelligence platform, an AI Ads platform, and an appointment-based delivery system in the June quarter.

“India's e-commerce market is expected to more than double to $180–200 billion by 2030. Almost none of the merchants driving that growth will build their own logistics, payments and growth stack. They will rent it. That is what we are building,” said Saahil Goel, Managing Director and CEO of Shiprocket.

Net loss narrows to ₹13.71 crore

On Monday evening, Shiprocket’s board of directors recorded a reduction in net losses to ₹13.71 crore in the April to June quarter of FY27, compared year-on-year (YoY) with ₹18.03 crore in the corresponding quarter of the previous year.

The NSE filings showed that the company’s revenue from core operations advanced nearly 34% to ₹592 crore in the June quarter, in comparison to ₹442 crore in the same quarter of the previous financial year.

Although the company’s operational-level earnings before interest, tax, depreciation and amortisation (EBITDA) remained negative, the surge in revenues resulted in adding a key support to the profitability factor for the logistics solutions company.

Data also showed that the company’s EBITDA margin improved to -1.8% in the June quarter results of FY27, from -3.9% in the same period a year earlier.

The April to June quarter’s earnings release marked the company’s first quarterly earnings report since the public listing on the stock exchanges on August 19, 2026.

Shiprocket share performance

Since Shiprocket’s public listing on August 19, 2026, the company's shares have delivered nearly 49% returns to investors and have been trading over 5% higher in the last five market sessions, according to NSE data.

Shares of Shiprocket surged to a record high of ₹156.90 apiece on August 20, 2026, while the record low level was at ₹124 apiece on August 28, 2026, as per the exchange data.

The logistics solutions provider’s market capitalisation (m-cap) was at ₹10,072 crore as of the trading session on Tuesday, September 8, 2026.