Mahindra Logistics Ltd

The company's consolidated net profit stood at Rs 25.39 crore in Q1 FY27, compared with a net loss of Rs 10.80 crore in Q1 FY26. Profit increased 25.76% QoQ from Rs 20.19 crore in Q4 FY26. Revenue from operations increased 23.29% YoY and 11.83% QoQ to Rs 2,002.88 crore in the June 2026 quarter. Profit before tax stood at Rs 39.06 crore in Q1 FY27, compared with a pre-tax loss of Rs 5.82 crore in Q1 FY26. PBT increased 22.25% QoQ from Rs 31.95 crore in Q4 FY26. EBITDA increased 51% YoY and 3% QoQ to Rs 115 crore during the quarter. On the cost front, total expenses increased 20.68% YoY to Rs 1,973.60 crore. Operating expenses rose 22.88% YoY to Rs 1,729.40 crore, while employee benefit expenses increased 9.01% YoY to Rs 113.89 crore. Finance costs declined 38.53% YoY to Rs 13.83 crore, while depreciation and amortisation expenses rose 12% YoY to Rs 72.31 crore. Current tax expense rose to Rs 15.21 crore from Rs 4.52 crore a year ago. Operationally, the Contract Logistics business grew 26% YoY, with EBITDA rising 31%, supported by operating efficiencies and improved customer profitability. The Express business reported 58% YoY and 10% QoQ revenue growth, with gross margin and EBITDA improving for the fourth consecutive quarter. The Mobility business expanded 38% YoY, while EBITDA increased 8%. The Last Mile Delivery business reported EBITDA of Rs 2.6 crore, compared with a loss of Rs 0.5 crore a year ago, despite a 16% YoY decline in revenue due to portfolio recalibration. Warehouse space under management increased by 1.52 million sq. ft. sequentially to 21.9 million sq. ft. Managing director and CEO Hemant Sikka said the quarter reflected the company's transition from a transformation journey to a growth journey, driven by strong execution, operational excellence and improved customer economics. He said Mahindra Logistics remains focused on profitable growth, technology-led solutions and becoming India's leading logistics services provider. Mahindra Logistics is an integrated third-party logistics and enterprise mobility solutions provider serving more than 400 corporate customers across industries including automotive, engineering, consumer goods and e-commerce. Powered by Capital Market - Live

Net profit of Mahindra Logistics reported to Rs 25.39 crore in the quarter ended June 2026 as against net loss of Rs 10.80 crore during the previous quarter ended June 2025. Sales rose 23.29% to Rs 2002.88 crore in the quarter ended June 2026 as against Rs 1624.59 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2002.881624.59 23 OPM %5.764.69 - PBDT111.3758.75 90 PBT39.06-5.82 LP NP25.39-10.80 LP Powered by Capital Market - Live

Mahindra Logistics will hold a meeting of the Board of Directors of the Company on 20 July 2026.

Mahindra Logistics announced that the 19th Annual General Meeting(AGM) of the company will be held on 20 July 2026.

Mahindra Logistics announced that the Board of Directors of the Company at its meeting held on 23 April 2026, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

Revenue from operations jumped 14.13% year-on-year (YoY) to Rs 1,791.41 crore for the quarter ended 31 March 2026. Profit before tax stood at Rs 31.95 crore in Q4 FY26, compared with Rs 0.95 crore in Q4 FY25. EBITDA stood at Rs 112 crore in Q4 FY26, registering a growth of 43.59% compared with Rs 112 crore posted in Q4 FY25. Total expenses increased 12.25% to Rs 1,763.25 crore in Q4 FY26 as compared with Rs 1,570.75 crore in Q4 FY25. Operating expenses was at Rs 1,535.13 crore (up 12.98% YoY), employee benefit expenses stood at Rs 106.26 crore (up 11.11% YoY) and finance cost was at Rs 14.30 crore (down 30.41% YoY) during the period under review. The company reported a stronger consolidated performance for FY26, with revenue rising to Rs 6,999 crore from Rs 6,105 crore in FY25, reflecting steady business growth. EBITDA increased to Rs 376 crore compared to Rs 284 crore in the previous fiscal, indicating improved operational efficiency. Operational profit after tax (PAT) stood at Rs 8.2 crore, a significant turnaround from a loss of Rs 35.8 crore in FY25. Reported PAT came in at Rs 2.3 crore for the year. The company has reported strong revenue growth of 15% driven across business verticals. Operating and financial discipline has resulted in a return to profitability after two financial years, with reported FY26 PAT of Rs 2.3 crores and Operational PAT of Rs 8.2 crores. The Express Business has grown its revenue by 25% YoY. Network optimization, yield actions across customers, coupled with effective cost control and focus on maintaining and improving Network Service Levels (NSL) have driven steady gross margin expansion over the last three quarters. The Express Business delivered positive GM of 1.3% in FY26. Freight Forwarding demonstrated resilience with 14% revenue growth YoY despite a challenging global trade environment. EBITDA grew 48%, driven by margin expansion on the back of traction in the nomination business and better penetration with key customers. Mobility recorded a 22% increase in revenue and a 45% growth in EBITDA YoY driven by new additions to the B2B portfolio and the successful launch of Alyte Prive, a premium, tech-enabled B2C mobility service offering airport-to-city and intercity travel. Last Mile Delivery (LMD) has consolidated its presence across customers, exiting unviable businesses and strengthening presence in high-potential areas. It continues to demonstrate strong execution, leveraging technology, human capital and process discipline. In Q4 F26, the business generated EBITDA of Rs 2.2 cr vs Rs 1 cr loss in Q3 FY26. Warehousing operations maintained scale with 20.4 million square feet space under management. The Company made meaningful progress in optimizing its portfolio, and white space reduction is on track Hemant Sikka, managing director and CEO of Mahindra Logistics, said, 'Q4 FY26 reflects sustained momentum in our transformation journey. Building on last quarter's return to profitability, we saw stronger execution discipline, tighter operational rigor, sharper focus on customer level economics, and positive customer feedback on service reliability, responsiveness, and operating standards, enabled by a more stable and aligned leadership structure. These Improvements were driven by stronger performance across our contract logistics businesses (with multiple wins across segments), meaningful progress in the Express business turnaround, and sustained focus on operational excellence. Alongside these, our presence in e-commerce and quick commerce continues to grow strongly. The transformation at Mahindra Logistics is now firmly embedded and gaining traction. We remain committed to becoming the #1 Logistics services provider in India, delivering superior customer experience through technology led solutions along with a passionate team.' The board has recommended a final dividend of Rs 2.50 per equity share (25%) for FY26, subject to shareholder approval at the upcoming AGM. The record date is 10 July 2026, and the dividend will be paid after 20 July 2026, within stipulated timelines. Mahindra Logistics (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility. Shares of Mahindra Logistics fell 3.79% to Rs 426.30 on the BSE.

Net profit of Mahindra Logistics reported to Rs 20.19 crore in the quarter ended March 2026 as against net loss of Rs 6.75 crore during the previous quarter ended March 2025. Sales rose 14.14% to Rs 1791.41 crore in the quarter ended March 2026 as against Rs 1569.51 crore during the previous quarter ended March 2025. For the full year,net profit reported to Rs 2.29 crore in the year ended March 2026 as against net loss of Rs 35.85 crore during the previous year ended March 2025. Sales rose 14.65% to Rs 6999.30 crore in the year ended March 2026 as against Rs 6104.83 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1791.411569.51 14 6999.306104.83 15 OPM %6.274.95 -5.384.65 - PBDT101.8459.32 72 318.39218.65 46 PBT31.950.93 3335 40.52-7.67 LP NP20.19-6.75 LP 2.29-35.85 LP Powered by Capital Market - Live

Mahindra Logistics has fixed 10 July 2026 as record date for final dividend of Rs 2.50 per share for FY 2026. The dividend will be paid after 20 July 2026.

Mahindra Logistics will hold a meeting of the Board of Directors of the Company on 23 April 2026.Powered by Capital Market - Live

The key equity benchmarks remained firmly higher in mid-morning trade, buoyed by optimism surrounding the conclusion of the India'EU free trade agreement (FTA) and FII inflows. Investors are closely tracking rupee movements, ongoing Q3 earnings announcements, and geopolitical developments, with attention also on upcoming Q3 results from Larsen & Toubro, Maruti Suzuki India, and BHEL. Meanwhile, the Nifty traded above the 25,300 level. Metal stocks extend gains for second straight session. At 11:25 ST, the barometer index, the S&P BSE Sensex advanced 511.04 points or 0.62% to 82,368.52. The Nifty 50 index rose 159.50 points or 0.63% to 25,335.30. In the broader market, the S&P BSE Mid-Cap index added 0.95% and the S&P BSE Small-Cap index jumped 0.89%. The market breadth was strong. On the BSE, 2,631 shares rose and 1,264 shares fell. A total of 186 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 3.97% to 13.58. Indian Politics: Ajit Pawar, NCP chief and Maharashtra's Deputy Chief Minister, died in a plane crash near Baramati on Wednesday while travelling from Mumbai. Four others, including the pilots and his security personnel, were also killed. The small aircraft, a Learjet 45 operated by VSR, reportedly crashed during a landing attempt near Baramati airport about 45 minutes after take-off, as Pawar was on his way to attend public meetings ahead of the local body polls. s Television visuals showed fire and wreckage at the site, while media reports said all five people on board died. The 66-year-old leader was the nephew of Sharad Pawar and the cousin of Supriya Sule, both of whom were in Delhi and were expected to travel to Pune. Buzzing Index: The Nifty Metal index surged 2.53% to 12,129.20, logging a cumulative gain of 5.68% over the last two sessions. Hindustan Copper (up 8.5%), National Aluminium Company (up 4.47%), Vedanta (up 4.34%), Hindalco Industries (up 3.05%) and NMDC (up 2.11%), Lloyds Metals & Energy (up 1.65%), Adani Enterprises (up 1.61%), Welspun Corp (up 1.52%), APL Apollo Tubes (up 1.4%) and Tata Steel (up 1.24%) advanced. Stocks in Spotlight: Mahindra Logistics surged 14.36% after the company reported a consolidated net profit of Rs 3.25 crore in Q3 FY26, compared with a net loss of Rs 9.03 crore in Q3 FY25 Mahindra Logistics surged 14.65% to Rs 337 after the company reported a consolidated net profit of Rs 3.25 crore in Q3 FY26, compared with a net loss of Rs 9.03 crore in Q3 FY25.. Motilal Oswal Financial Services surged 9.65% after the company reported a strong set of earnings for the quarter ended December 2025. The company's profit after tax (PAT), including treasury income and other comprehensive income (OCI), jumped 58% year on year to Rs 721 crore in Q3 FY26, aided by healthy traction in its asset and private wealth management businesses. Total revenue improved 11% to Rs 1,497 crore in Q3 FY26 as against Rs 1,345 crore in Q3 FY25. Global Markets: Asia-Pacific markets were mixed Wednesday, breaking ranks with Wall Street after the S&P 500 closed at a record high. Meanwhile, Australia saw its headline inflation come in at 3.6% for the last quarter of 2025, its highest level of inflation in six quarters. Overnight in the U.S., the Nasdaq Composite climbed 0.91% to settle at 23,817.10, while the Dow Jones Industrial Average broke ranks, losing 408.99 points, or 0.83%, and settling at 49,003.4 while S&P 500 added 0.41% to end at 6,978.60. The S&P 500 futures edged higher ahead of the Federal Reserve's interest rate decision and earnings reports from major tech companies. The central bank is widely expected to keep its benchmark interest rate steady at a target range of 3.5% to 3.75%, but traders will be seeking hints on longer-term changes to monetary policy.Powered by Capital Market - Live