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Mahindra Logistics Ltd Q1FY24; 8% rise in Revenue

Mahindra Logistics Ltd is an integrated logistics & mobility solutions provider. The company offers Supply Chain expertise to diverse industry verticals such as Automotive, Engineering, Consumer Goods, Pharmaceuticals, Telecommunications, Commodities, and E-commerce.

Financial Results:

Mahindra Logistics Ltd reported Revenues for Q1FY24 of ₹1,293.22 Crores up from ₹1,199.90 Crore year on year, a rise of 7.78%.

Total Expenses for Q1FY24 of ₹1,298.83 Crores up from ₹1,184.02 Crores year on year, a rise of 9.7%.

Consolidated Net Profit of -₹8.46 Crores from ₹13.25 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.19, from ₹1.88 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Logistics
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