BLACKBUCK LIMITED — Q2FY27 earnings call summary

Filed 05 November 2026 · Official transcript

Q2 FY27 total income 253 Cr +51% y-y; EBITDA 51 Cr +40% y-y; PAT 41.4 Cr +42% y-y
Customer acquisition costs cause EBITDA suppression but support long-term growth
Growth businesses (loads and vehicle finance) grew 166% y-y; vehicle finance on track for EBITDA breakeven
Revenue from operations grew 56% y-y; net revenues 183 Cr +35% y-y
Core business grew 31% y-y and 11% q-q; telematics device sales hit new highs
Tolling GTV stable ~7,070 Cr; Fastag issuance increased via own PPI entity
Operating expenses up 36% y-y due to growth and investments in super loads