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Porter FY26 Profit Skyrockets 4X YoY To ₹229 Cr, Revenue Up 54%

Logistics unicorn Porter posted a net profit of ₹229 Cr in the financial year ended March 31, 2026 (FY26), a…

Porter FY26 Profit Skyrockets 4X YoY To ₹229 Cr, Revenue Up 54%

Porter, the logistics unicorn, reported a staggering 314% increase in net profit to ₹229 Cr in its financial year ending March 31, 2026. This surge in profitability was underpinned by a 54% rise in operating revenue, reaching ₹6,650 Cr, up from ₹4,306 Cr in the previous year. The company's core transportation services contributed the lion's share of its operating income, generating ₹6,644 Cr, while platform fees added an additional ₹5.2 Cr to its top line.

Founded by Pranav Goel and Uttam Digga, Porter provides a range of services including enterprise logistics, packers and movers, and intercity courier services. With over 30 lakh customers, including 20 lakh MSMEs and 3 lakh driver-partners, Porter aims to expand its reach to the top 50 cities in India by 2030. The company's expenses surged by 52% to ₹6,505.4 Cr in FY26, driven by a 59% increase in fleet operator costs to ₹5,849.2 Cr.

Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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