Mahindra Logistics Limited — Board Meeting, 21-07-2025: Outcome of Board Meeting
21-07-2025 | 01:44 pm
21-07-2025 | 01:44 pm
Mahindra Logistics' Board has finalized the financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹1,624.59 Cr, with a net loss of ₹10.80 Cr attributable to shareholders, resulting in a basic EPS of ₹(1.50). The company also announced a Rights Issue to raise up to ₹749.27 Cr by offering 2.70 crore new shares at ₹277 each. Shareholders will receive 3 rights shares for every 8 held, with the issue opening July 31. Additionally, its UK subsidiary, MLL Global Logistics, has been dissolved. This capital raise aims to strengthen the balance sheet and fuel future growth.
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