India, May 27 -- Logistics company BlackBuck posted a consolidated net profit of INR 280.1 Cr in Q4 FY25 as against a net loss of INR 90.8 Cr in the year-ago quarter. The company had reported a net loss of INR 48 Cr in the previous quarter.

However, one of the key reasons behind the profit in Q4 was a tax credit INR 245 Cr. Excluding it, BlackBuck would have posted a profit of about INR 35.1 Cr in the quarter under review.

BlackBuck's operating revenue zoomed 30.6% to INR 121.8 Cr in Q4 FY25 from INR 93.2 Cr in the corresponding quarter last year. Sequentially, it grew 6.9% from INR 113.9 Cr.

Total expenses in Q4 FY25 stood at INR 95.18 Cr, down 49.1% from INR 187 Cr in Q4 FY24, showing strong cost control. However, expenses rose 2.1% ...