India, Dec. 13 -- IPO-bound logistics unicorn Shiprocket trimmed its net loss by 10% to INR 38.3 Cr in the first half of FY26 (H1 FY26) from INR 42.3 Cr loss incurred in the same period previous year.

Operating revenue for the period expanded by 15% to INR 942.7 Cr from INR 817 Cr in H1 FY25. Including other income of INR 28.1 Cr, Shiprocket's overall revenue rose 16% to INR 970.8 Cr in the period under review.

Shiprocket primarily operates on a consumption-based pricing model where its revenue is linked to merchants' usage of its tech platform. Revenue from merchant solutions contributed 99.4% of the operating revenue, while the remaining INR 5.5 Cr was generated from sale of traded goods.

In the six months period, Shiprocket had 145,...