India, Sept. 24 -- Porter's FY25 Turnaround

Porter finally turned profitable in FY25. The logistics unicorn achieved the milestone on the back of soaring revenues and improved margins, signalling a new phase of maturity for the decade-old startup. So, what drove Porter's impressive financial performance?

Porter's FY25 snapshot:

Posted a net profit of INR 55.2 Cr versus a loss of INR 95.7 Cr in FY24

Revenue from operations rose nearly 58% YoY to INR 4,306.2 Cr

Expenses grew 50% YoY to INR 4,286.3 Cr

EBITDA jumped to INR 83.6 Cr against an EBITDA loss of INR 80 Cr in FY24

Firing On All Cylinders: Porter's profitability is rooted in the effective monetisation of its core logistics services, which connect over 3 Lakh driver partners wi...