India, Nov. 5 -- Logistics major BlackBuck delivered another profitable quarter in Q2 FY26, reporting a profit of INR 29.2 Cr as against a loss of INR 308.4 Cr in the year-ago quarter. On a sequential basis, profit declined 54% from INR 63.1 Cr.

It is pertinent to mention that the company had incurred a share-based payment expense of INR 320.7 Cr in Q2 FY25. Minus that expense, its profit would have stood at INR 12 Cr in the year-ago quarter.

Meanwhile, BlackBuck's top line rose both on a QoQ and YoY basis. Operating revenue for the quarter under review stood at INR 151.1 Cr, up 53% YoY and 5% QoQ.

Including other income of INR 16 Cr, BlackBuck's total income for the quarter stood at INR 167.2 Cr. Total expenses rose 40% YoY to INR 128...