BLACKBUCKNSEBLACKBUCK LIMITEDHighNeutral
Announced Wed, 5 Nov · 14:08 IST

BLACKBUCK LIMITED has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue Growth 20pctPat Growth 25pctEbitda Margin ExpansionResults RestatedExceptional ItemResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BlackBuck Limited filed its Q2 FY26 and H1 FY26 results with revenue from operations of Rs. 1,486.68 million for the quarter and Rs. 2,897.10 million for the half-year (standalone), up about 53% from the year-ago period. The company swung from a loss of Rs. 2,410.28 million in H1 FY25 to a profit of Rs. 655.15 million in H1 FY26 (standalone), with Q2 FY26 standalone profit at Rs. 305.77 million versus a Rs. 2,697.79 million loss in Q2 FY25. Profitability was weighed down by exceptional items of Rs. 220.35 million in H1 FY26, mainly IPO-related expenses and share-based payment costs. The consolidated results show two segments — Truck Operator Services (Rs. 2,892.53 million revenue) and a small Lending Business through Blackbuck Finserve. The auditor B S R & Co. LLP issued a clean (unmodified) limited review report, and the company remains essentially debt-free with cash and bank balances of over Rs. 7,300 million on the consolidated balance sheet.

Likely market impact

A sharp turnaround to profitability along with 50%+ revenue growth signals strong operating momentum and could be viewed positively by shareholders. Investors should note the recurring drag from share-based payment and IPO-related exceptional items, which continue to suppress reported earnings.