Swing To Profit: Porter Turns Profitable In FY25 With Rs 131 Crore Net Profit

The company reported that its revenue from operations stood at Rs 4,306.2 crore in FY2025, reflecting a jump of 57.7 crore from Rs 2,733.8 crore in FY24. Its total consolidated revenue stood at Rs 4,341.6 crore, a 56.9 per cent increase from the last year.

Bengaluru-based on-demand logistics aggregator Porter turned profitable in FY25, reporting a net profit of Rs 131 crore against a loss of Rs 46 crore in FY24.

However, the company’s operational expense also rose to Rs 3,679 crore, with employee benefit expenses growing to Rs 285.2 crore in FY25. This reflects the expansion of the workforce and higher payout to the company’s employees.

Porter’s borrowings also jumped in FY25. Finance costs rose to Rs 12.8 crore from Rs 1.8 crore, while depreciation rose nearly 12 per cent to Rs 15.5 crore. The company reported other expenses, including technology, marketing, and administration, that it reached Rs 293.7 crore.

In FY25, logistics startup Porter, which operates in India’s hyperlocal delivery and intracity

trucking market, reached consolidated profitability. The milestone highlights its operating leverage and stronger unit economics, bolstering its position as it aims to expand market share.

According to Redseer, India’s intra-city parcel delivery market was valued at $600–800 million during the year, with Porter holding the largest share ahead of competitors like Rapido, Borzo, Uber, Uncle Delivery, and other regional players.

The company earns average commissions of 14–16% per transaction, driven by consistent demand from small businesses and individual merchants.