FarEye's Impressive Financial Leap: A Roadmap to Profitability

FarEye, a logistics tech platform, reported a 25.9% revenue growth to Rs 197.5 crore in FY25. EBITDA saw a 57% increase due to AI, cost management, and cloud optimisation. The company, serving major global firms, anticipates a positive profit after tax in FY26.

FarEye, a leading logistics technology platform, has announced a significant leap in its financial performance, achieving a 25.9% increase in revenue, reaching Rs 197.5 crore for the fiscal year ending March 2025.

Compared to the previous year, where revenue stood at Rs 157 crore, FarEye has demonstrated remarkable growth. The company also reported a 57% boost in Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA), attributed to strategic cost management, enhanced AI utilization, and cloud optimisation.

With over 90% of its business from overseas, including collaborations with Fortune Global 500 companies, FarEye is poised to achieve profitability by the next fiscal year. CEO Kushal Nahata confirmed that efficiency improvements have strengthened their operating leverage, with a positive profit after tax projected for FY26.

(With inputs from agencies.)