Mumbai: Shadowfax Technologies Limited on Wednesday reported a consolidated net profit of ₹65.40 crore for the quarter ended 30 June 2026, marking a significant increase from ₹8.02 crore in the corresponding quarter of the previous fiscal year. Financial PerformanceThe company’s total income for the quarter rose to ₹1,379.18 crore, up from ₹831.72 crore in the same quarter last year. Revenue from operations increased by 64.9% to ₹1,358.12 crore, compared with ₹823.54 crore reported in Q1 FY26. Expense Overview
Total expenses for the quarter stood at ₹1,313.78 crore, an increase from ₹823.70 crore in the year-ago period. Employee benefits expense grew to ₹123.56 crore from ₹83.11 crore in Q1 FY26.
Earnings Per ShareBasic earnings per share for the quarter ended 30 June 2026 was ₹1.11, compared to ₹0.16 in the quarter ended 30 June 2025. Diluted earnings per share also increased to ₹1.10 from ₹0.15.Subsidiary AcquisitionDuring the quarter, Shadowfax Technologies acquired the remaining 10.42% stake in Criticalog India Private Limited for a consideration of ₹7.61 crore. Criticalog India Private Limited is now a wholly owned subsidiary of the company. Leadership ChangeNitesh Lohiya, Chief Product Officer and a Senior Management Personnel, will resign from his position effective from the close of business hours on 7 August 2026.Board Meeting DetailsThe Board of Directors approved the unaudited standalone and consolidated financial results at a meeting held on 31 July 2026. The meeting commenced at 10:35 a.m. (IST) and concluded at 11:59 a.m. (IST).IPO and EquityIn the previous quarter and year ended 31 March 2026, the company completed an IPO of 153,812,014 equity shares. The total offer size, including offer for sale, was ₹1,907.27 crore at an issue price of ₹124 per share.Disclaimer: This report is based on the company’s filed financial results (standalone or consolidated, as applicable) and is intended solely for informational purposes. It does not constitute investment advice or a recommendation to buy, sell or hold any security.