Mahindra Logistics Ltd's Q1FY26 Quarterly Results

Result Summary

• Mahindra Logistics Ltd reported a 12.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 14.3%.
• Its expenses for the quarter were up by 11.8% QoQ and 14.5% YoY.
• The net profit decreased 20.7% QoQ and increased 20.4% YoY.
• The earnings per share (EPS) of Mahindra Logistics Ltd declined at 1.5 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Mahindra Logistics Ltd is a prominent player in the logistics industry in India, offering a range of services including supply chain management, warehousing, and transportation solutions. As a part of the Mahindra Group, the company leverages its extensive network and infrastructure to provide comprehensive logistics and supply chain solutions to various industries. Recent major developments in the logistics sector have included technological advancements and increasing demand for efficient supply chain solutions to cater to the growth in e-commerce and retail sectors. However, specific recent developments pertaining to the company are not available in the provided data.

Revenue

For the first quarter of the fiscal year 2026 (Q1FY26), Mahindra Logistics Ltd reported a total income of ₹1629.66 crores. This represents a notable quarter-over-quarter (QoQ) increase of 12.1% from ₹1453.64 crores in the fourth quarter of the fiscal year 2025 (Q4FY25). Year-over-year (YoY), there was a 14.3% increase from the total income of ₹1425.69 crores in the first quarter of the fiscal year 2025 (Q1FY25). These figures highlight the company's revenue growth over both the quarter and the year.

Profitability

During Q1FY26, Mahindra Logistics Ltd reported a profit before tax (PBT) of ₹-5.78 crores, which is an improvement from ₹-9.22 crores in Q4FY25, reflecting a QoQ improvement of 37.3%. However, compared to Q1FY25, where the PBT was ₹-2.50 crores, there is a YoY decline of 131.2%. The tax expense for Q1FY26 was ₹3.62 crores, showing a QoQ increase of 34.6% from ₹2.69 crores in Q4FY25 but a YoY decrease of 32.2% from ₹5.34 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 stood at ₹-9.44 crores, showing a QoQ improvement of 20.7% from ₹-11.91 crores in Q4FY25, but a YoY decline of 20.4% from ₹-7.84 crores in Q1FY25. Earnings per share (EPS) for Q1FY26 was ₹-1.50, reflecting a QoQ improvement of 16.7% from ₹-1.80 in Q4FY25 and a YoY decline of 15.4% from ₹-1.30 in Q1FY25.

Operating Metrics

Total expenses for Mahindra Logistics Ltd in Q1FY26 were reported at ₹1635.44 crores, which is an increase of 11.8% from ₹1462.86 crores in Q4FY25 and a 14.5% increase from ₹1428.19 crores in Q1FY25. The company's expenses have grown in line with its revenue, maintaining a consistent expense-to-income ratio. While the company continues to operate at a loss, the improvements in QoQ figures for profitability metrics suggest operational adjustments have been made. However, there was a YoY decline in profitability, indicating potential challenges in the broader operating environment compared to the previous year.