📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
Mahindra Logistics Q3 Results: Revenue Grows 19% YoY to ₹1,898 Cr; Returns to Profitability
Mahindra Logistics reported a significant turnaround in Q3 FY26, posting a consolidated profit after tax of ₹6.01 crore compared to a loss of ₹7.26 crore in the same period last year. Revenue from operations grew by 19% year-on-year to ₹1,898.03 crore, driven by strong performance in the Supply Chain Management segment. The company achieved this profitability despite an exceptional charge of ₹7.36 crore related to the implementation of new Labour Codes. Additionally, the company strengthened its portfolio by making Lords Freight a wholly-owned subsidiary during the quarter.
Key Highlights
Consolidated Revenue from operations rose 19% YoY to ₹1,898.03 crore from ₹1,594.20 crore.
Turned profitable with a consolidated PAT of ₹6.01 crore versus a loss of ₹7.26 crore in Q3 FY25.
Supply Chain Management segment revenue increased to ₹1,791.92 crore, up from ₹1,517.30 crore YoY.
Recognized an exceptional expense of ₹7.36 crore due to estimated incremental impact on retiral benefits from new Labour Codes.
Acquired the remaining 0.95% stake in Lords Freight (India) Private Limited, making it a 100% subsidiary.
💼 Action for Investors
The company's return to profitability and robust revenue growth indicate a strong operational recovery. Investors should maintain a positive outlook while monitoring how the new Labour Code expenses impact long-term margins.