IPO-Bound Shiprocket’s FY25 Loss Narrows 88% to INR 74.5 Cr

Logistics startup Shiprocket significantly reduced its FY25 losses by 88% to INR 74.5 crore, signaling improving unit economics as it prepares for its upcoming IPO. Revenue increased due to higher order volumes from D2C brands and SMEs. The company credited its tech-enabled fulfillment network, automation in warehousing, and data-driven shipping routes for cost optimization. Shiprocket’s management stated that profitability is within reach for FY26, driven by scale efficiency and cross-border e-commerce growth. Investors view the narrowing loss as a strong signal of market readiness and sound fundamentals ahead of its public listing. The development also highlights India’s growing logistics tech ecosystem amid surging e-commerce penetration.