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Mahindra Logistics LimitedInvestor Meet, 21-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

21-10-2024 · 07:40 pm

Mahindra Logistics Limited reported a 7% year-over-year revenue growth, reaching ₹1,163 crore for Q2 FY25. Key segments driving growth included contract logistics and last-mile delivery. However, gross margins were down 4% due to rising manpower costs. The company is optimistic about stronger performance in H2, supported by festive season demand and margin improvement initiatives. Their strategic focus includes expanding integrated solutions and leveraging technology for enhanced customer experience. Access detailed financials on their website.

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