BLACKBUCK LIMITED Earnings Summary — Q1 FY2027

• Revenue from operations grew 42% YoY to ₹2,041.68 million, driven by expansion in truck operator services.
• The Truck Operator Services segment remains the primary engine, contributing 98.5% of total revenue.
• BlackBuck Finserve Private Limited has been classified as a 'Material Subsidiary' as its net worth exceeded 10% of consolidated net worth.
• Consolidated Net Profit rose 25% YoY to ₹421.67 million, though it declined 36% sequentially due to a higher tax credit in the prior quarter.
• The Lending Business segment turned profitable at the segment result level, posting ₹1.37 million compared to a loss of ₹4.87 million YoY.
• A wholly owned subsidiary, ZZ Logistics Solutions Private Limited, was struck off and derecognized during the quarter.
• Company Secretary Barun Pandey withdrew his resignation and will continue as a Key Managerial Personnel.

Management is focusing on scaling the high-leverage software-and-services model to serve the fragmented Indian trucking market while maintaining an asset-light digital provider profile.

Improving

Strong top-line growth and the turnaround of the lending segment from losses to profitability indicate improving operational efficiency.

The company is pivoting toward high-frequency user engagement through telematics and payments to create a sticky ecosystem for truck operators, targeting sustainable bottom-line compounding.