Shiprocket Reports Profit In Q2

Ecommerce enablement platform Shiprocket turned profitable in the September quarter with a net profit of ₹0.6 Cr. Operating revenue rose 34.7% to ₹673.6 Cr from ₹500.2 Cr a year ago, while total expenses increased 29.6% to ₹692.9 Cr. The company reported no tax expense for the quarter.