Mahindra Logistics Limited — Important, 21-07-2025: General Updates
21-07-2025 | 02:57 pm
21-07-2025 | 02:57 pm
Mahindra Logistics highlighted strong segment performance: Contract Logistics revenue at ₹4,744 Cr, B2B Express at ₹358 Cr, and Freight Forwarding at ₹306 Cr (20% YoY growth). Last-Mile Delivery saw exponential growth to ₹381 Cr via its EV-first model. Strategic expansions include 21 Mn Sq.ft capacity, new fulfilment centers, and 'Pro-Trucking' long-haul solutions, integrating AI/ML. The company also announced a Rights Issue of ₹749.27 Cr at ₹277 per share, with a 3:8 ratio, to fuel future growth.
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