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SHADOWFAX — Shadowfax Technologies News Story

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India's Shadowfax Technologies hits record high after Q1 results

BUZZ-India's Shadowfax Technologies hits record high after Q1 results 

** Shares of Shadowfax Technologies SADO.NS rise up to 12% to a record high of 246.8 rupees since listing in January

** Logistics services provider's Q1 rev up ~65% y/y to record 13.58 billion rupees

** Q1 consol PAT jumps more than 8x to 650 million rupees y/y

** "Q1 has been our best quarter yet - the most profitable in our history, with sequential growth sharper than in Q4 and growth momentum still building," said CEO Abhishek Bansal

** More than 31 million shares traded, about 4x their 30-day avg

** YTD, SADO up ~125% since listing


(Reporting by Urvi Dugar in Bengaluru)

((UrviManoj.Dugar@thomsonreuters.com;))

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