India's Shiprocket rises on narrower first-quarter loss
08/09/2026 05:07
BUZZ-India's Shiprocket rises on narrower first-quarter loss ** Shares of India's Shiprocket SIPO.NS rises 2.8% to 138.40 rupees
** Temasek-backed logistics firm posted Q1 consolidated loss of 137.1 million rupees ($1.45 million), narrowing from a loss of 180.3 million rupees a year earlier
** Co's first quarter consolidated revenue rose about 34% year-on-year to 5.92 billion rupees
** This marks firm's first earnings since listing on Aug 19
** Shiprocket was among India's largest tech listings this year and came at a time of revival in primary market activity
** Stock is up 7.06% since debut
($1 = 94.6000 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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