Shadowfax Technologies Achieves Significant Profit Growth in Q1 2026
Shadowfax Technologies reports consolidated net profit of Rs 55.83 crore in the March 2026 quarter
Business Standard
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Shadowfax Technologies reported a consolidated net profit of ₹55.83 crore ($6.7 million USD) for the quarter ending March 2026, a remarkable turnaround from a net loss of ₹9.87 crore ($1.2 million USD) in the same quarter last year. Sales surged by 73.64% to ₹1237.09 crore ($149 million USD), reflecting strong growth in the company's performance.
- 01Shadowfax Technologies posted a net profit of ₹55.83 crore in Q1 2026.
- 02Sales increased by 73.64% to ₹1237.09 crore compared to the previous year.
- 03The full-year net profit reached ₹111.71 crore, up 1637.33% from the previous year.
- 04Annual sales rose 69.10% to ₹4202.44 crore.
- 05The company's operational performance improved significantly, indicating strong market demand.
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In the quarter ending March 2026, Shadowfax Technologies reported a consolidated net profit of ₹55.83 crore ($6.7 million USD), a significant recovery from a net loss of ₹9.87 crore ($1.2 million USD) in the same quarter of the previous year. This turnaround is attributed to a 73.64% increase in sales, reaching ₹1237.09 crore ($149 million USD) compared to ₹712.43 crore ($86 million USD) in March 2025. For the full fiscal year, the company achieved a net profit of ₹111.71 crore ($13.4 million USD), marking an impressive 1637.33% increase from ₹6.43 crore ($770,000 USD) in the previous year. Annual sales also saw a notable rise of 69.10%, totaling ₹4202.44 crore ($505 million USD) compared to ₹2485.13 crore ($298 million USD) in the prior year. These results indicate a robust demand for Shadowfax's services and a strong operational performance.
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The significant profit and sales growth can lead to increased job opportunities and potential expansion for Shadowfax Technologies, benefiting local economies.
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