India’s digital logistics major BlackBuck has delivered a robust financial performance in the December quarter (Q3), reporting a net profit of ₹32 crore, marking a sharp turnaround and underlining the company’s improving fundamentals. The Bengaluru-based startup also clocked a 50% year-on-year (YoY) jump in revenue, reflecting strong execution across its core freight marketplace and ancillary services.
The profitable quarter comes at a time when many Indian startups are prioritising sustainable growth over aggressive cash burn, making BlackBuck’s performance particularly noteworthy in the broader tech and logistics ecosystem.
Strong Revenue Momentum Continues
For Q3, BlackBuck’s operating
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