Shares of Zinka Logistics Solutions Ltd (Blackbuck) jumped nearly 10% to ₹532.65 in early trade on Wednesday, following the company’s robust Q1 FY26 results. The stock rallied 9.77%, adding ₹47.40 from the previous close of ₹485.25. At current levels, the company’s market capitalization stands at ₹94,600 crore.
In Q1 FY26, Zinka reported a net profit (PAT) of ₹33.70 crore, registering a 17.52% year-on-year growth. However, profit fell sharply by 87.97% on a sequential basis due to exceptional items.
Total income rose 62.28% YoY to ₹159.56 crore, with revenue from operations climbing 55.82% to ₹143.61 crore. Core businesses recorded a growth of 40.62%, while the company’s new-age growth businesses posted a steep 251.52% YoY jump. Adjusted EBITDA rose 290.25% YoY to ₹47.21 crore, forming 35.8% of net revenues.
Customer engagement also improved. Monthly transacting truck operators stood at 7.83 lakh, up 13.87% YoY, and average daily time spent per user reached 43.8 minutes. The gross transaction value (GTV) of payments rose to ₹6,847.46 crore, marking a 27.84% growth.
Zinka attributed the profitability to its asset-light model, increasing recurring revenues, and higher contribution margin, which stood at 92.68% of net revenues.
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