BlackBuck posts Rs 32 crore profit in Q3 FY26 as revenue jumps 53%

Online trucking platform BlackBuck reported a third quarter of FY26, posting sharp growth in revenue and a return to sustained profitability as its core and new businesses scaled up.

For the quarter ended December 2025, BlackBuck’s total income rose 53% year on year to Rs 188.27 crore, compared with Rs 123 crore in Q3 FY25, according to financial statements sourced from the National Stock Exchange.

Revenue from operations increased to Rs 171.78 crore from Rs 114 crore a year earlier, while other income of about Rs 16 crore took overall revenue to Rs 188 crore. Truck operator services continued to dominate the business, contributing nearly 98% of operating revenue.

The company reported EBITDA of Rs 44.77 crore, up 49% year on year, and profit after tax of Rs 31.72 crore, reversing a loss of Rs 48 crore in the same quarter last year. On a sequential basis, profit rose about 10% from Rs 29 crore in Q2 FY26. Adjusted EBITDA stood at Rs 50.04 crore, reflecting operating leverage and scale benefits.

Core businesses grew 31% year on year, with telematics recording record sales across products. Growth businesses expanded sharply, led by the Superloads category, which reported over 270% year-on-year growth. Vehicle finance disbursals rose 35% quarter on quarter, indicating improving adoption beyond the core payments and load marketplace.

On the cost side, employee benefit expenses increased 16% year on year to Rs 40.5 crore, accounting for about 29% of total expenditure. Depreciation and other operating costs pushed overall expenses to Rs 142 crore in Q3 FY26, compared with Rs 93 crore a year earlier.

For the nine months ended December 2025, BlackBuck’s revenue rose 53% to Rs 466.5 crore, from Rs 305 crore in the corresponding period last year, underlining the consistency of growth through the fiscal year.

During the quarter, Rajesh Kumar Naidu Yabaji, chairman and CEO, sold 20 lakh shares, or 9.37% of his holding, in a Rs 135 crore bulk deal. The transaction reduced his stake from 11.81% to 10.7% of the company’s 18.07 crore equity shares.

Going ahead, BlackBuck said it will focus on market share expansion, aggressive scale-up of Superloads, continued digitisation of loads through classifieds, and a calibrated expansion of vehicle finance, while using operating leverage to fund new businesses and strengthen profitability in its core operations.