Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Exclusive: Porter turns profitable with over Rs 4,000 Cr revenue in FY25
Porter, the Bengaluru-based intra-city logistics platform, has turned profitable in FY25, clocking over ₹4,000 crore in revenue. This marks a significant milestone for the startup, showcasing its robust growth and operational efficiency. The company achieved this profitability alongside substantial revenue generation from its goods transportation services, expanding operations across more than 20 Indian cities. Porter's success is attributed to strong fundamentals, effective cost control, and an expanding footprint in the competitive logistics market, demonstrating a successful business model in the last-mile delivery segment.