Quarterly Result23 Apr 2026, 06:31 pm
MLL FY26 Revenue up 15% to ₹6,999 Cr; Returns to Profitability with PAT ₹2.3 Cr
AI Summary
Mahindra Logistics Ltd. (MLL) announced its audited consolidated financial results for FY26, reporting a 15% year-on-year revenue increase to ₹6,999 crores. The company returned to profitability with a reported PAT of ₹2.3 crores for FY26, compared to a loss in the previous year. For Q4 FY26, consolidated revenue grew to ₹1,791 crores from ₹1,570 crores in Q4 FY25, and reported PAT was ₹20.2 crores, a significant improvement from a loss of ₹6.7 crores in the prior year. Key business segments like Express, Freight Forwarding, and Mobility demonstrated strong growth and improved profitability, with Express Business achieving a positive gross margin for FY26.
Key Highlights
- FY26 consolidated revenue grew 15% YoY to ₹6,999 crores.
- Company returned to profitability in FY26 with reported PAT of ₹2.3 crores.
- Q4 FY26 consolidated revenue increased to ₹1,791 crores, PAT at ₹20.2 crores.
- Express Business revenue grew 25% YoY, achieving positive gross margin in FY26.
- Freight Forwarding revenue rose 14% YoY, with EBITDA up 48%.