Mahindra Logistics Ltd

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

Revenue from operations jumped 19.05% year-on-year (YoY) to Rs 1,898.03 crore for the quarter ended 31 December 2025. Profit before exceptional items and tax stood at Rs 19.80 crore in Q3 FY26, compared with a pre-tax loss of Rs 1.15 crore in Q3 FY25. The company reported an exceptional loss of Rs 7.36 crore during the quarter under review. EBITDA stood at Rs 102.8 crore in Q3 FY26, registering a growth of 39% compared with Rs 73.7 crore posted in Q3 FY25. Total expenses increased 17.60% to Rs 1,883.45 crore in Q3 FY26 as compared with Rs 1,601.57 crore in Q3 FY25. Operating expenses was at Rs 1,640.32 crore (up 18.75% YoY), employee benefit expenses stood at Rs 110.20 crore (up 8.80% YoY) and finance cost was at Rs 16.52 crore (down 25.07% YoY) during the period under review. On a nine-month basis, the company reported a consolidated net loss of Rs 17.90 crore in 9M FY26, compared with a net loss of Rs 29.10 crore in 9M FY25, while revenue jumped 14.82% YoY to Rs 5,207.89 crore in 9M FY26. Hemant Sikka, Managing Director and CEO of Mahindra Logistics said, 'Q3 FY26 marks a defining inflection point for Mahindra Logistics. After 11 straight quarters of losses, we have returned to profitability, driven by sharper execution, stronger cost discipline, and a more focused growth strategy. Over the past few months, we have stabilized our leadership structure, strengthened alignment across the organization, and rebuilt execution rigor on the ground. Our actions are translating into visible operational improvements ' both in margin expansion and revenue growth. We are also making disciplined choices by exiting unviable relationships and selectively investing in high-return opportunities. The transformation underway at Mahindra Logistics is real, systemic, and accelerating. Our priorities remain clear ' drive profitable growth, enhance customer satisfaction, and build a high quality, future ready revenue base. Most importantly, our confidence comes from delivery on the ground, not just intent. We are well positioned to build on this momentum in the quarters ahead.' Mahindra Logistics (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility. Powered by Capital Market - Live

Net profit of Mahindra Logistics reported to Rs 3.25 crore in the quarter ended December 2025 as against net loss of Rs 9.03 crore during the previous quarter ended December 2024. Sales rose 19.06% to Rs 1898.03 crore in the quarter ended December 2025 as against Rs 1594.20 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1898.031594.20 19 OPM %5.414.62 - PBDT91.4957.86 58 PBT19.80-1.15 LP NP3.25-9.03 LP Powered by Capital Market - Live

Mahindra Logistics will hold a meeting of the Board of Directors of the Company on 27 January 2026.Powered by Capital Market - Live

Mahindra Logistics and L'Or'al India, a leading beauty player have partnered to announce the launch of a first-of-its-kind Warehouse in Indore, Madhya Pradesh that is fully women-operated. This facility marks a significant shift in workforce participation, placing women in charge of end-to-end warehouse operations and reinforcing the operational strength of India's logistics sector. This initiative builds on the significant structural shifts in logistics, by empowering women to be at the centre of essential operational functions and entrusting them with responsibilities that directly influence business performance. It expands meaningful representation in areas where women have historically had limited presence and strengthens gender balance across critical roles within the logistics ecosystem. The facility supports distribution across central India, enabling efficient movement of goods to key markets including Jabalpur, Bhopal, Indore, Singrauli, Sagar, Ratlam, Bina, Narsinghpur, Chhindwara, Satna, Rewa, Shahdol, Betul, Harda, Damoh, Shivpuri, Neemuch, and Khargone. It strengthens regional outreach through faster replenishment cycles, reduced transit times, and improved service continuity for L'Or'al's extensive portfolio. The warehouse handles a wide range of their product line by consolidating them under a streamlined fulfilment framework and is supported by Mahindra Logistics in-house warehouse management system, which is fully deployed to deliver real-time visibility, accuracy, and operational discipline. The platform integrates seamlessly with L'Or'al's distribution requirements, enabling stronger inventory control, optimised workflows, and consistent service precision.Powered by Capital Market - Live

Net Loss of Mahindra Logistics reported to Rs 10.35 crore in the quarter ended September 2025 as against net loss of Rs 10.75 crore during the previous quarter ended September 2024. Sales rose 10.79% to Rs 1685.27 crore in the quarter ended September 2025 as against Rs 1521.10 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1685.271521.10 11 OPM %5.054.36 - PBDT66.3548.99 35 PBT-5.37-4.97 -8 NP-10.35-10.75 4 Powered by Capital Market - Live

Mahindra Logistics has expanded its Eastern India presence with the launch of two state-of the-art, Grade A warehousing facilities in Guwahati and Agartala, adding over 4 lakh sq. ft. of capacity in the region. Aligned with its larger vision of creating a robust pan-India warehousing and distribution network, these facilities reflect company's vision to enhancing regional connectivity, boosting operational capabilities, and addressing the surging demand for integrated logistics solutions in the region. As part of its 'Go-East' strategy, the company has developed one million square feet of multi client warehousing space across the region and plans to expand express logistics services to more than 800 pin codes. This expansion is designed to accelerate economic growth, generate over 2,000 employment opportunities, and build a workforce with 50% diversity from local communities. Through these facilities in the East, Mahindra Logistics will serve industries such as e-commerce, FMCG, pharmaceuticals, automobiles, retail, and grocery, provide end-to-end solutions across warehousing, distribution, fulfilment, sortation, and delivery and cover first, mid, and last mile, milk-run, express, and long-haul line haul services.Powered by Capital Market - Live

Mahindra Logistics will hold a meeting of the Board of Directors of the Company on 27 October 2025.Powered by Capital Market - Live

The resignation appointment is based on the recommendation of the nomination and remuneration committee and approval of the audit committee. Saurabh Taneja, the current chief financial officer (CFO), key managerial personnel (KMP), and senior managerial personnel, will step down from his role effective from the close of business hours on 19 September 2025. The board has approved the appointment of Isha Dalal as the new CFO, KMP, and senior managerial personnel of the company, effective 22 September 2025. This leadership transition marks a continued focus on strengthening financial governance and strategic leadership at Mahindra Logistics. Mahindra Logistics is an integrated third-party logistics (3PL) service provider, specialising in supply chain management and enterprise mobility. The company pursues an 'asset-light' business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services. On a consolidated basis, Mahindra Logistics reported net loss of Rs 10.80 crore in Q1 June 2025 as against net loss of Rs 9.32 crore in Q1 June 2024. Net sales rose 14.41% YoY to Rs 1624.59 crore in Q1 June 2025. Powered by Capital Market - Live

The service, launched in Delhi NCR, offers airport-to-city, in-city, and outstation rides, with expansion planned for Noida International Airport, Mumbai, Bangalore, Hyderabad, and other metropolitan cities. Alyte consolidates the company's people mobility services under one brand and includes two categories: Priv', featuring premium electric vehicles, and Select, offering sedans and SUVs. Rides can be booked through the Alyte mobile application, which provides live GPS tracking, secure payments, and 24/7 human customer support. The service offers assured rides, fixed pricing without surcharges, no cancellations, and trained drivers. Alyte has previously catered to corporate clients under Mahindra Logistics Mobility Enterprise Solutions. Hemant Sikka, managing director & CEO, Mahindra Logistics, said, India's mobility ecosystem stands at an inflection point'demanding new standards in safety, comfort, reliability, and service excellence. With Alyte, we are building on a trusted legacy to reimagine urban and airport mobility through a premium, tech-enabled platform that shapes the future of people mobility. Mahindra Logistics is an integrated third-party logistics (3PL) service provider, specialising in supply chain management and enterprise mobility. The company pursues an 'asset-light' business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services. On a consolidated basis, Mahindra Logistics reported net loss of Rs 10.80 crore in Q1 June 2025 as against net loss of Rs 9.32 crore in Q1 June 2024. Net sales rose 14.41% YoY to Rs 1624.59 crore in Q1 June 2025. Powered by Capital Market - Live