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Shiprocket Q2 Results: Revenue grows 35%, EBITDA loss narrows; Stock gives up gains

Source: Cnbctv18|

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Shiprocket Q2 Results: Revenue grows 35%, EBITDA loss narrows; Stock gives up gains

The e-commerce logistics platform reported revenue of ₹674 crore and a net profit of ₹0.6 crore, compared with a loss of ₹20.2 crore a year earlier. Its EBITDA loss narrowed to ₹2.2 crore from ₹20.3 crore, while the stock pared most of its early gains.