Blackbuck Reports Significant Growth in Q4 FY25

Blackbuck, the online trucking platform, has released its quarterly financial results for the fiscal year ending March 2025. The Bengaluru-headquartered firm experienced a remarkable 31% year-on-year growth in scale during Q4 FY25 and achieved profitability, with a profit before tax (PBT) of Rs 41 crore for the quarter.

Revenue Increase in Q4 FY25

Blackbuck’s operational revenue surged to Rs 122 crore in Q4 FY25, up from Rs 93 crore in Q4 FY24, as indicated by its financial statements sourced from the National Stock Exchange. The total operating revenue for the entire fiscal year (FY25) rose by 44%, reaching Rs 427 crore compared to the previous year’s Rs 297 crore.

Primary Revenue Sources

The company’s truck operator services were the main contributors to its revenue, accounting for 98% of total operating revenue. Additionally, Blackbuck earned Rs 15 crore from interest income, bringing total revenue to Rs 137 crore in Q4 FY25, compared to Rs 99 crore in Q4 FY24. For the full fiscal year, the overall revenue amounted to Rs 462 crore in FY25.

Expense Overview

When examining expenses, the cost associated with employee benefits represented 35% of total expenditure, which saw a decrease of 74% year-on-year, falling to Rs 33 crore in Q4 FY25 from Rs 128 crore in Q4 FY24.

Cost Management

Depreciation and other operational costs were significant factors that influenced overall expenditures, which totalled Rs 95 crore in Q4 FY25 versus Rs 187 crore during the same quarter last year. For the full fiscal year ending March 2025, total expenses dropped to Rs 371 crore from Rs 483 crore in FY24.

Profitability Shifts

In Q4 FY25, Blackbuck reported a profit before tax of Rs 41 crore, significantly improving from a loss of Rs 87 crore in Q4 FY24. However, for the entire fiscal year that concluded in March 2025, the company recorded a loss of Rs 283 crore before tax, which is a 69% increase compared to Rs 167 crore lost in FY24.

Stock Performance

Blackbuck initially entered the stock market at Rs 208.90 and has seen its shares trading at Rs 459 as of May 27. This has resulted in a total market capitalization of Rs 8,180 crore.