Shadowfax Technologies Reports Q3 Results; Chief Product Officer Resigns
Shadowfax Technologies Limited, which was formerly known as Shadowfax Technologies Private Limited, has released its unaudited consolidated and standalone financial results for the quarter ending June 30, 2026. The company also confirmed the resignation of Nitesh Lohiya, its Senior Management Personnel.The Board of Directors considered and approved the financial outcomes during its meeting held on July 31, 2026. During the previous reporting period, Shadowfax completed a significant move to gain full ownership in its subsidiary, Criticalog India Private Limited. The company acquired an additional 10.41% stake in Criticalog India Private Limited for a consideration of Rs. 5.69 crores during the quarter ended March 31, 2026. Subsequently, during the quarter ending June 30, 2026, the company purchased the remaining 10.42% stake for INR 7.61 crores, making Criticalog India Private Limited a wholly owned subsidiary.
Financial Performance Highlights (Consolidated)
The consolidated results reflect the company's operational performance across its single segment of 'logistics and delivery services'. Key figures from the unaudited consolidated financial results for the quarter ending June 30, 2026 are detailed below:| Particulars | Quarter ended 30 June 2026 (Unaudited) | Quarter ended 31 March 2026 (Audited) | Quarter ended 30 June 2025 (Unaudited) | Year ended 31 March 2026 |
|---|---|---|---|---|
| Revenue from operations | 1,358.12 Rs. Crores | 1,237.09 Rs. Crores | 823.54 Rs. Crores | 4,202.44 Rs. Crores |
| Other Income | 21.06 Rs. Crores | 15.51 Rs. Crores | 8.18 Rs. Crores | 36.15 Rs. Crores |
| Total Income | 1,379.18 Rs. Crores | 1,252.60 Rs. Crores | 831.72 Rs. Crores | 4,238.59 Rs. Crores |
| Total Expenses | 1,313.78 Rs. Crores | 1,197.74 Rs. Crores | 823.70 Rs. Crores | 4,127.85 Rs. Crores |
| Profit before tax | 65.40 Rs. Crores | 54.86 Rs. Crores | 8.02 Rs. Crores | 110.74 Rs. Crores |
The consolidated figures also reveal strong performance in the standalone segment of 'logistics and delivery services'.
| Particulars | Quarter ended 30 June 2026 (Unaudited) | Quarter ended 31 March 2026 (Audited) | Quarter ended 30 June 2025 (Unaudited) | Year ended 31 March 2026 |
|---|---|---|---|---|
| Revenue from operations | 1,323.85 Rs. Crores | 1,205.81 Rs. Crores | 795.92 Rs. Crores | 4,080.35 Rs. Crores |
| Other Income | 21.03 Rs. Crores | 15.92 Rs. Crores | 8.24 Rs. Crores | 36.61 Rs. Crores |
| Total Income | 1,344.88 Rs. Crores | 1,221.73 Rs. Crores | 804.16 Rs. Crores | 4,116.96 Rs. Crores |
| Total Expenses | 1,278.68 Rs. Crores | 1,166.46 Rs. Crores | 795.02 Rs. Crores | 4,001.78 Rs. Crores |
| Profit before tax | 66.20 Rs. Crores | 55.27 Rs. Crores | 9.14 Rs. Crores | 115.18 Rs. Crores |
Key Personnel Update
The company announced the resignation of Mr. Nitesh Lohiya, who serves as Chief Product Officer and is categorized as Senior Management Personnel. The cessation of his duties will take effect from the close of business hours on August 07, 2026.SHADOWFAX Stock Price Movement
As of 12:22 PM, shares of Shadowfax Technologies Limited are edging higher to ₹228.3, gaining 3.69% in live trading, reflecting a significant rise of ₹8.13. The stock has seen robust activity in the market, with over 4.09 million shares traded during this period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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