Emkay Global has projected a mixed bag of Q4FY25 results for logistics companies, citing rising competition among organized players. However, the impact may be partly offset by seasonal demand. The firm noted a 20% year-on-year increase in GST e-way bill volumes, signaling strong momentum for B2B logistics operators.Delhivery is expected to benefit from this trend, with its Partial Truckload (PTL) segment likely to post a 20% revenue rise. Overall, the company is forecast to achieve a 10% year-on-year revenue growth, including an 8% gain in the B2C express segment. Emkay also expects
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