Porter, the tech-driven logistics startup, has achieved profitability for the first time in FY25. The company reported a 57% jump in revenue, reaching ₹4,306 crore, a sharp rise from ₹2,743 crore in FY24.
This milestone highlights Porter’s strong growth in the hyperlocal logistics and intra-city goods movement market, where it has built a presence across multiple cities. The company, which started in 2014 with mini trucks on demand, has now expanded into two-wheelers, packers & movers, and enterprise logistics.
Profitability Milestone
For years, Porter focused on scaling its operations and customer base while absorbing heavy losses. But in FY25, it successfully cut costs, improved operational efficiency, and increased demand for on-demand logistics.
The company’s profitability reflects the growing demand for intra-city logistics in India, fueled by e-commerce, small businesses, and personal use cases.
Future Plans
Porter is expected to expand to more cities, add new service categories, and strengthen its tech capabilities to sustain profitability.
Porter FY25 Performance at a Glance
| Metric | FY24 | FY25 | Growth |
|---|---|---|---|
| Revenue | ₹2,743 crore | ₹4,306 crore | +57% |
| Profitability | Net loss | Profit | Achieved first-time profitability |
| Core business | Intra-city logistics | Expanded | Broader services including 2W, 4W & enterprise |
| Focus Areas | Growth & expansion | Efficiency & profitability | Long-term sustainability |
