Mahindra Logistics Limited — PPTs, 27-01-2026: Investor Presentation

Mahindra Logistics reported strong financial results for the third quarter and nine months, marking a significant turnaround by returning to profitability in Q3 FY26 after 11 quarters of losses.

**Business Performance:** Revenue grew 19% year-on-year to ₹1,898 Cr in Q3 FY26. Consolidated EBITDA jumped 39% to ₹102.8 Cr, resulting in a PAT of ₹3.3 Cr. Contract Logistics was a key growth driver, seeing a 20% YoY revenue increase, boosted by higher auto and farm volumes. The Express business also notably improved its gross margin.

**Growth Drivers or Strategy:** This positive shift is attributed to sharper execution, stronger cost discipline, and a more focused growth strategy. Management is strategically exiting unviable relationships and investing in high-return opportunities, alongside an increased focus on productivity enhancements across operations.

**Recent Developments:** The most notable development is the return to overall profitability. The company is also expanding its EV fleet and leveraging technology to enhance efficiency, as part of its commitment to becoming carbon neutral by 2040.

**Key Financial Metrics:**

* Q3 FY26 Revenue: ₹1,898 Cr (+19% YoY)

* Q3 FY26 EBITDA: ₹102.8 Cr (+39% YoY)

* Q3 FY26 PAT: ₹3.3 Cr

**Management Commentary / Outlook:** Management expressed confidence in building on this momentum for sustained profitable growth. Priorities include enhancing customer satisfaction and developing a high-quality, future-ready revenue base, with current actions already translating into visible operational improvements.