Thursday 30 Jan, 2025 10:15 AM
Site map | Locate Us | Login
   Bajaj Finance edge higher as PAT jumps 17% YoY to Rs 4,247 crore in Q3 FY25    Voltas posts PAT of Rs 131 crore in Q3    Industrials shares rise    Capital Goods stocks edge higher    Real Estate shares gain    Tata Motors Ltd Slips 7.46%, BSE Auto index Shed 1.26%    Hitachi Energy India Ltd Spurts 18.01%    3M India CFO Vidya Sarathy resigns    Tata Motors Q3 PAT slumps 22% YoY to Rs 5,451 crore    Deepak Fertilisers spurts after Q3 PAT soars to Rs 251 cr    Adani Power rallies as Q3 PAT rises 7% YoY to Rs 2,940 cr; board OKs Rs 5,000-cr QIP    Usha Martin posts nearly 14% fall in Q3 PAT to Rs 92.57 crore    Ambuja Cements Q3 PAT soars 140% YoY to Rs 2,620 crore in FY25    ITC Hotels debuts on stock exchanges    KPIT Tech jumps after board raises FY25 EBITDA guidance to 21% 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
Mahindra Logistics Q3 net loss narrows to Rs 9 cr in FY25
28-Jan-25   15:33 Hrs IST

Revenue from operations grew by 14.09% to Rs 1,594.20 crore in Q3 FY25, compared to Rs 1,397.23 crore recorded in Q3 FY24.

The company reported a pre-tax loss of Rs 1.12 crore in the third quarter of FY25 as against a pre-tax loss of Rs 9.57 crore reported in the corresponding quarter previous year.

Total expenses jumped 13.35% year on year to Rs 1,601.57 crore during the quarter. Employee benefits expenses stood at Rs 101.28 crore (down 6.03% YoY) and finance cost stood at Rs 59.01 crore (up 14.67% YoY) in Q3 FY25.

EBITDA was at Rs 73.7 crore in Q3 FY25, up 40.9%, compared with Rs 52.3 crore posted in Q3 FY24. EBITDA margin remained constant to 4.6% in Q3 FY25.

The logistics solution provider's revenue from supply chain management stood at Rs 1,517.30 crore (up 15.53% YoY) while enterprise mobility services was at Rs 78.09 crore (down 7.56% YoY), during the period under review.

Rampraveen Swaminathan, MD and CEO of Mahindra Logistics, said, During the quarter, we saw robust revenue growth of 14.1%. Our 3PL contract logistics and outbound logistics business registered strong growth driven by account additions, new offerings and new launches.

The crossborder and last mile business segments continued to demonstrate volume growth, despite sectoral pricing headwinds. During the quarter, we expanded our offerings for transportation & green logistics. We are on track with new warehousing additions in western and eastern India. We remain focused on expanding margins through better cost management and turnaround of the express business.

Mahindra Logistics (MLL) is an integrated third-party logistics (3PL) service provider, specializing in supply chain management and enterprise mobility. The company serves over 400 corporate customers across various industries like automobiles, engineering, consumer goods, and e-commerce.

The counter declined 1.72% to Rs 355 on the BSE.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 38560219
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL WEALTH Pvt. Ltd