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Atul Borse

JM Financial
SHADOWFAX

Shadowfax Technologies Limited

All company calls
FY2027 Q1
31 Jul 2026
Open call
  1. Hi, team. First of all, congrats on great set of numbers. My first question is around the dark store operations. So, on the last call, you had mentioned that a dark store can generate roughly INR8 lakhs to INR15 lakhs per month revenue. So, any color on how much in Q1 it has contributed to the other segment revenue?

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  2. Okay. And so for Amazon Now, we have started fulfilling, but are we seeing the Express volume also coming from Amazon in Q1?

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  3. Okay, okay. And one more follow -up on this. So, our realization in Express is still trending around INR50. With Amazon coming in and the D2C share rising, when do you see that this realization will start trending upwards?

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