India, Aug. 5 -- Logistics major BlackBuck's net profit for the first quarter of FY26 remained almost flat from a year-on-year (YoY) perspective at INR 33.7 Cr, up almost 1% from INR 32.4 Cr in the year-ago quarter.

On a sequential basis, the company's bottom line plunged heftily, down over 88% from INR 285.8 Cr PAT BlackBuck reported in the previous quarter. Important to note that the company's bottom line saw a boost of almost INR 245 Cr in Q4 FY25 at the behest of deferred tax credit. Barring that exceptional item, BlackBuck would have reported a PAT of about INR 35.1 Cr in the previous quarter.

Despite a marginal change in its bottomline, BlackBuck's top line grew significantly in the quarter. In Q1 FY26, the company's operating rev...