Mahindra Logistics Ltd
P&L
Quarterly Consolidated
vs Q1 FY26
Mahindra Logistics Reports 11% YoY Revenue Growth in Q2 FY26 to Rs. 1,685 Crores
27 Oct 2025 · 27 Oct 2025, 05:44 pm
Summary
Mahindra Logistics Ltd. (MLL) has announced its unaudited consolidated financial results for the quarter ended 30 September, 2025. The company reported a consolidated revenue growth of 11% YoY for Q2 FY26, driven by broad-based growth across the 3PL, Freight Forwarding, Mobility and Express segments.
Key Highlights
- 1
The Company reported a consolidated revenue growth of 11% YoY for Q2 FY26
- 2
Express business delivered a positive gross margin for the first time since acquisition
- 3
Freight Forwarding segment has grown 22% sequentially
- 4
Mobility business maintained robust momentum with 15% growth YoY and QoQ
- 5
Warehousing network under management expanded to 22.1 million sq. ft.
- 6
Last Mile Delivery business received several recognitions
- 7
Freight Forwarding business received recognition as Emerging Freight Forwarder of the Year at Cold Chain Excellence Awards 2025
Management Comments
Mr. Hemant Sikka
The past few months has been a period of transformation and strategic realignment for us... We have demonstrated this through tangible improvements such as 20%+ reduction in whitespace, our express business turning gross margin positive for the first time, operationalization of 8 new projects, expansion projects from our repeat customers and cost optimization on overheads & discretionary spends... As we move to the second half of the year, our focus will continue to be on stronger execution through operations excellence, customer retention and network optimization.
Informational and educational content only. Not investment advice.