{"id":141372,"date":"2023-02-13T14:27:12","date_gmt":"2023-02-13T19:27:12","guid":{"rendered":"https:\/\/44.250.171.167\/?p=141372"},"modified":"2023-02-13T14:27:14","modified_gmt":"2023-02-13T19:27:14","slug":"mahindra-logistics-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mahindra-logistics-limited-q3fy23-earnings-story\/","title":{"rendered":"Mahindra Logistics Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n

Mahindra Logistics Ltd<\/a> is an integrated logistics & mobility solutions provider.\u00a0 The company provides expertise in Supply Chain\u00a0 to a wide range of industry verticals, including Pharmaceuticals, Commodities, Consumer Goods, Automotive, E-commerce, and Engineering.<\/p>\n\n\n\n

Financial Results:<\/strong><\/h2>\n\n\n\n

For the three months period that ended December 31, the company’s<\/a> consolidated PAT decreased to INR 13.9 million as compared to INR 17.7 million a year prior. Mostly due to higher operational costs, the company\u2019s overall expenses increased by 17.3 percent to INR 13.32 billion.<\/p>\n\n\n\n

Due to rising fuel and labor costs as well as for surging inflation, delivery service providers have seen their profits decline.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mahindra Logistics Ltd is an integrated logistics & mobility solutions provider.\u00a0 The company provides expertise in Supply Chain\u00a0 to a wide range of industry verticals, including Pharmaceuticals, Commodities, Consumer Goods, Automotive, E-commerce, and Engineering. Financial Results: For the three months period that ended December 31, the company’s consolidated PAT decreased to INR 13.9 million as […]<\/p>\n","protected":false},"author":1885,"featured_media":137032,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12,6352],"tags":[8159],"class_list":["post-141372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-other-industries","category-research-summary","tag-logistics"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/11\/supplier-visibility-eturns.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141376,"url":"https:\/\/alphastreet.com\/india\/mahindra-holidays-resorts-q3fy23-earnings\/","url_meta":{"origin":141372,"position":0},"title":"Mahindra Holidays & Resorts Q3FY23 Earnings","author":"Karan_Singh","date":"February 13, 2023","format":false,"excerpt":"As part of the Leisure and Hospitality sector of the Mahindra Group, Mahindra Holidays & Resorts India Ltd. (MHRIL) primarily offers family holidays by providing vacation ownership memberships. The company's flagship brand \u2018Club Mahindra\u2019, was started in 1996 and has 250,000+ members. 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