Quarterly Result20 Jul 2026, 01:50 pm
Mahindra Logistics Q1 F27 Revenue up 23% YoY to ₹2,003 cr
AI Summary
Mahindra Logistics Ltd. (MLL) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026. Revenue surged by 23% year-on-year to ₹2,003 crore, with a 12% sequential increase. Profit After Tax (PAT) stood at ₹25.4 crore, a significant improvement from a loss of ₹10.8 crore in Q1 F26 and up from ₹20.2 crore in Q4 F26. This marks the fourth consecutive quarter of PAT improvement. Key growth drivers included a 26% YoY increase in Contract Logistics and a 58% YoY rise in the Express Business. The Mobility business also expanded by 38% YoY. Warehouse space under management increased to 21.9 million square feet.
Key Highlights
- Revenue grew 23% YoY to ₹2,003 cr, PAT at ₹25.4 cr.
- Contract Logistics and Express businesses showed strong YoY growth.
- PAT improved for the fourth consecutive quarter.
- Warehouse space increased to 21.9 million sq ft.
- Focus remains on profitable growth and operational excellence.
Price Impact
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