Latest news with #MahindraLogistics
India.com
30-07-2025
- Automotive
- India.com
Mahindra And Mahindras Profit Surges 24 Per Cent To 4,083 Crore In Q1
Mumbai: Mahindra and Mahindra's net profit for the first quarter of the current financial year (Q1 FY26) stood at Rs 4,083 crore, up 24 per cent year-on-year, according to an exchange filing on Wednesday. The company posted a consolidated net profit of Rs 3,283 crore in the corresponding quarter a year ago. The net profit for the quarter under review also significantly ascended quarter-on-quarter from Rs 3,541.85 crore in Q4 FY25. Meanwhile, the company's income from operations in the April-June quarter rose 22 per cent to Rs 45,529 crore from Rs 37,218 crore in the same quarter a year earlier. The automotive section (Rs 25,998 crore) remained the top contributor in terms of revenue, followed by farm equipment (Rs 10,891.5 crore). Financial services put Rs 4,973 crore, and Industrial business and consumer services contributed Rs 4,900 crore in total revenue. The total consolidated expenses for Q1 rose 19 per cent to Rs 41,280 crore year-on-year from Rs 33,330 crore. Auto and farm continue to deliver on growth and margins with profits up 20 per cent, said Mahindra & Mahindra. Meanwhile, the financial services AUM of the company also grew by 15 per cent. Amongst our growth entities, Mahindra Logistics showed strong revenue momentum with 14 per cent growth, and MHRIL has expanded room inventory by 10 per cent, the exchange filing said. 'Q1 F26 has been an excellent quarter, with broad-based growth across all our businesses. The operating excellence in our Auto and Farm businesses is evident in continued market share gains and margin expansion," said Anish Shah, Group CEO and Managing Director, M&M Ltd. Tech Mahindra is witnessing momentum on deal wins, sustaining cost discipline and is moving steadily towards its F27 margin objectives, he added. Meanwhile, the shares of the company closed in positive territory on Wednesday. The stock ended the session at Rs 3,225.0, up 0.80 per cent.
Hans India
30-07-2025
- Automotive
- Hans India
Mahindra & Mahindra's profit surges 24 pc to 4,083 crore in Q1
Mumbai: Mahindra & Mahindra's net profit for the first quarter of the current financial year (Q1 FY26) stood at Rs 4,083 crore, up 24 per cent year-on-year, according to an exchange filing on Wednesday. The company posted a consolidated net profit of Rs 3,283 crore in the corresponding quarter a year ago. The net profit for the quarter under review also significantly ascended quarter-on-quarter from Rs 3,541.85 crore in Q4 FY25. Meanwhile, the company's income from operations in the April-June quarter rose 22 per cent to Rs 45,529 crore from Rs 37,218 crore in the same quarter a year earlier. The automotive section (Rs 25,998 crore) remained the top contributor in terms of revenue, followed by farm equipment (Rs 10,891.5 crore). Financial services put Rs 4,973 crore, and Industrial business and consumer services contributed Rs 4,900 crore in total revenue. The total consolidated expenses for Q1 rose 19 per cent to Rs 41,280 crore year-on-year from Rs 33,330 crore. Auto and farm continue to deliver on growth and margins with profits up 20 per cent, said Mahindra & Mahindra. Meanwhile, the financial services AUM of the company also grew by 15 per cent. Amongst our growth entities, Mahindra Logistics showed strong revenue momentum with 14 per cent growth, and MHRIL has expanded room inventory by 10 per cent, the exchange filing said. 'Q1 F26 has been an excellent quarter, with broad-based growth across all our businesses. The operating excellence in our Auto and Farm businesses is evident in continued market share gains and margin expansion," said Anish Shah, Group CEO and Managing Director, M&M Ltd. Tech Mahindra is witnessing momentum on deal wins, sustaining cost discipline and is moving steadily towards its F27 margin objectives, he added. Meanwhile, the shares of the company closed in positive territory on Wednesday. The stock ended the session at Rs 3,225.0, up 0.80 per cent.
Time of India
25-07-2025
- Business
- Time of India
Mahindra Logistics leases nearly 3 lakh sq ft industrial space in Pune
Mahindra Group's logistics and supply chain services arm Mahindra Logistics has picked up nearly 3 lakh sq ft of warehousing space at Sudhawadi, along the Talegaon-Chakan highway near Pune, through a long-term lease agreement spanning over five years. According to the lease agreement, the monthly rental is Rs 24 per sq ft, translating to a total monthly rent of Rs 71.37 lakh. The lease also includes an annual escalation of 5%, and the company has paid a security deposit of Rs 1.26 crore. The facility is expected to support Mahindra Logistics' expanding warehousing and distribution operations in western India. The company's warehouse space under management stands at 21.1 million sq ft. The lease covers a chargeable area of 297,400 sq ft, with a built-up area of 270,364 sq ft and it commenced on June 1, showed the documents accessed through realty data analytics platform Propstack. This deal adds to the growing list of long-term industrial leases being executed in the region, underlining continued demand for Grade A logistics and warehousing space from third-party logistics providers and manufacturers. Live Events ET's email queries to Mahindra Logistics remained unanswered until the time of going to press. India's warehousing and logistics sector continues to see a surge in activity, supported by rising consumption, government-led infrastructure initiatives, and evolving supply chain requirements. Long-duration leases such as this reflect the sector's growing maturity and occupiers' long-term confidence. India's warehousing and logistics sector is witnessing a surge in large-scale, long-term leasing activity, driven by robust demand from industries such as renewable energy, e-commerce, manufacturing, and third-party logistics. Developers are closing high-value deals, often with long-term tenures, signalling growing confidence in India's consumption-driven economy and supply chain infrastructure. These long-term commitments not only provide operational stability to tenants but also reflect the maturing nature of India's logistics market as it aligns with global standards.
Hans India
21-07-2025
- Business
- Hans India
Mahindra Logistics' Q1 loss widens to Rs 9.44 crore
Mumbai: Mahindra Logistics on Monday reported a wider net loss of Rs 9.44 crore on sequential basis in the first quarter (Q1) of FY26, compared to a loss of Rs 5.29 crore in the previous quarter (Q4 FY25). However, the Mumbai-based company's revenue from operations rose to Rs 1,624.59 crore in Q1, up 3.54 per cent from Rs 1,569.51 crore in the previous quarter, according to its stock exchange filing. Its total income also saw a growth of 3.69 per cent on quarter-on-quarter (QoQ) basis, reaching Rs 1,629.66 crore compared to Rs 1,571.68 crore in Q4 FY25. However, total expenses during the quarter grew at a faster pace -- rising by 4.12 per cent to Rs 1,635.44 crore from Rs 1,570.75 crore in the previous quarter, the company stated in its regulatory filing. The increase in expenses was mainly due to higher operating costs and employee benefits. Operating expenses stood at Rs 1,407.4 crore, employee costs were Rs 104.48 crore, while finance cost and depreciation amounted to Rs 22.53 crore and Rs 64.57 crore respectively. Other expenses came in at Rs 36.46 crore. Mahindra Logistics Limited (MLL) is one of India's third-party logistics (3PL) companies. It is part of the Mahindra Group, operating under Mahindra Partners, the group's private equity arm. It provides supply chain and enterprise mobility solutions to over 400 corporate clients across sectors such as automotive, engineering, consumer goods, and e-commerce. The company follows an 'asset-light' model, focusing on customised and technology-driven logistics solutions rather than owning a large fleet. It also offers employee transportation services under brands like Alyte and Meru, and has a freight forwarding division that manages air, ocean, and project cargo logistics. MLL continues to focus on sustainability and operates globally through subsidiaries and partnerships in countries like the UAE and the UK.
Business Standard
21-07-2025
- Business
- Business Standard
Mahindra Logistics reports consolidated net loss of Rs 10.80 crore in the June 2025 quarter
Sales rise 14.41% to Rs 1624.59 crore Net Loss of Mahindra Logistics reported to Rs 10.80 crore in the quarter ended June 2025 as against net loss of Rs 9.32 crore during the previous quarter ended June 2024. Sales rose 14.41% to Rs 1624.59 crore in the quarter ended June 2025 as against Rs 1420.02 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 1624.591420.02 14 OPM % 4.694.67 - PBDT 58.7952.46 12 PBT -5.78-2.50 -131 NP -10.80-9.32 -16
