XpressBees turns EBITDA positive in FY24, warehousing biz grows 60X

Xpressbees, a logistics and supply chain company, has reportedly turned EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) positive in the fiscal year 2024. This indicates a significant improvement in the company's operational profitability. Notably, its warehousing business has experienced a remarkable 60-fold growth, suggesting a successful expansion and increasing demand for its warehousing services. Achieving EBITDA positivity is a key milestone for a growing company, signifying a sustainable business model and efficient management of resources. The substantial growth in the warehousing segment highlights a strategic area of success for Xpressbees.