Mahindra Logistics Limited — Investor Meet, 27-10-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Mahindra Logistics reported Q2 FY26 consolidated revenue of ₹1,685.3 Cr, up 11% YoY, with EBITDA at ₹85.1 Cr (5.0% margin). PAT was ₹-10.4 Cr, impacted by a ₹4.8 Cr provision for doubtful debt. For H1 FY26, revenue stood at ₹3,309.9 Cr, a 13% YoY rise.

Management noted a period of transformation and strategic realignment, with the express business achieving its first positive gross margin. Operational improvements include 20%+ whitespace reduction and cost optimization. Festive season saw strong e-commerce network performance. The focus for H2 remains on execution excellence, customer retention, and network optimization, indicating a confident outlook on sustainable value delivery.