Shadowfax Posts Maiden Quarterly Profit, Plans 100 Dark Stores in FY27

Shadowfax turned profitable in Q4 FY26 with ₹55.8 Cr net profit on ₹1,237 Cr revenue (+73.6% YoY). Express orders surged 129% to 18 Cr, hyperlocal hit 4.2 Cr. The 3PL plans to scale dark stores from 15 to 100 with ₹190 Cr capex, riding India's quick commerce wave projected to 8X to $68 Bn by 2031.

Shadowfax turned profitable in Q4 FY26 with ₹55.8 Cr net profit on ₹1,237 Cr revenue (+73.6% YoY). Express orders surged 129% to 18 Cr, hyperlocal hit 4.2 Cr. T

Inc42 · 5/15/2026, 2:32:22 AM · Ask about this →

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