A provider of integrated logistics and transportation solutions is Mahindra Logistics Ltd. The business provides Supply Chain knowledge to a wide range of industry verticals, including Automotive, Engineering, Consumer Goods, Pharmaceuticals, Telecommunications, Commodities, and E-Commerce. The business provides services including EDEL, freight forwarding, value-added services, in-factory logistics, warehousing, and more.
Financial Results:
- Mahindra Logistics Ltd. reported Total Income for Q4FY23 of ₹ 1,276.34 Crores up from ₹ 1094.83 Crore year on year, a rise of 17%.
- Total Expenses for Q4FY23 of ₹ 1,280.97 Crores up from ₹ 1,085.47 Crores year on year, a rise of 18%.
- Consolidated Net Profit of ₹ 0.20 Crores, down 97% from ₹ 6.28 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹ (0.11), down from ₹ 1.03 in the same quarter of the previous year.