BlackBuck Q2 FY27: Profit Jumps 42% to Rs 41.4 Crore — Startup Funding India, October 2026

Startup funding in India eventually has to turn into profits, and digital trucking platform BlackBuck delivered that proof on 29 October 2026 with its second-quarter FY27 results: consolidated net profit rose 42% year on year to Rs 41.40 crore, while operating revenue jumped 56% to Rs 235.33 crore.

The quarter in numbers

Revenue from operations climbed to Rs 235.33 crore from Rs 151.14 crore in Q2 FY26, and total income reached Rs 253.15 crore. EBITDA rose 39% to Rs 50.61 crore from Rs 36.52 crore, and profit before tax increased 10% to Rs 42.82 crore. The sharper profit growth owed much to a lower tax expense of Rs 1.4 crore, down from Rs 9.7 crore a year earlier, including a deferred tax credit. Sequentially, net profit dipped 1.8% from Rs 42.2 crore in Q1 FY27 even as revenue grew 15.3%.

Where the growth came from

BlackBuck's core payments and telematics businesses reported a 31% year-on-year revenue increase to Rs 161.4 crore, while truck operator services generated Rs 232 crore of operating revenue. The lending business grew to Rs 3.4 crore but still reported a loss of Rs 1.7 crore. Founded in 2015 by Rajesh Kumar Naidu Yabaji, Chanakya Hridaya and Ramasubramanian Balasubramaniam, BlackBuck serves truck operators with payments, vehicle tracking, freight discovery and vehicle financing.

The honest caveat

Total expenses rose 64% to Rs 210.3 crore, outpacing revenue growth, so the profit story leans on tax and operating leverage rather than cost discipline alone. For the first half of FY27, operating revenue grew 49% to Rs 439.5 crore and net profit rose 33% to Rs 84 crore, showing the trajectory is real even if the quarter was not spotless.