Mahindra Logistics Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Mahindra Logistics Ltd reported a 5.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.4%.
- Its expenses for the quarter were up by 4.8% QoQ and 13.4% YoY.
- The net profit decreased 24.8% QoQ and decreased 57.7% YoY.
- The earnings per share (EPS) of Mahindra Logistics Ltd declined at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1600.45 | 1522.83 | 1399.49 | 5.1% | 14.4% |
Total Expenses | 1601.57 | 1527.80 | 1412.88 | 4.8% | 13.4% |
Profit Before Tax | -1.12 | -4.97 | -9.57 | -77.5% | -88.3% |
Tax | 6.11 | 4.64 | 6.83 | 31.7% | -10.5% |
Profit After Tax | -7.23 | -9.61 | -17.11 | -24.8% | -57.7% |
Earnings Per Share | -1.30 | -1.50 | -2.40 | -13.3% | -45.8% |
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 and supply chain management industry in India. The company provides a comprehensive range of services, including supply chain management, warehousing, and transportation solutions. Mahindra Logistics operates across various sectors such as automotive, engineering, consumer goods, and pharmaceuticals, offering customized solutions to meet diverse customer needs. The company is a subsidiary of the Mahindra Group, a well-established conglomerate with a significant presence in various industries globally. As of the latest available information, there are no major recent developments explicitly stated in this report.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Mahindra Logistics Ltd reported a total income of ₹1600.45 crores. This figure represents a 5.1% increase from the ₹1522.83 crores recorded in the previous quarter (Q2FY25) and a 14.4% rise compared to ₹1399.49 crores in the third quarter of the fiscal year 2024 (Q3FY24). The upward trend in total income both quarter-over-quarter (QoQ) and year-over-year (YoY) reflects growth in the company’s revenue streams, which may be attributed to increased demand for logistics and supply chain services across its operational sectors.
Profitability
Mahindra Logistics Ltd experienced a challenging profitability landscape in Q3FY25. The company reported a loss before tax of ₹1.12 crores, which shows a substantial reduction in losses from ₹4.97 crores in Q2FY25 and ₹9.57 crores in Q3FY24. This decline in losses represents a QoQ improvement of 77.5% and a YoY improvement of 88.3%. Despite the reduction in pre-tax losses, the company reported a tax expense of ₹6.11 crores in Q3FY25, up 31.7% from the previous quarter but down 10.5% from the same quarter last year. Consequently, the profit after tax was reported as a loss of ₹7.23 crores, an improvement from the losses of ₹9.61 crores in Q2FY25 and ₹17.11 crores in Q3FY24, indicating a QoQ improvement of 24.8% and a YoY improvement of 57.7%.
Operating Metrics
An important operating metric for Mahindra Logistics Ltd is the earnings per share (EPS), which was reported at a negative ₹1.30 in Q3FY25. This EPS value marks an improvement from the negative ₹1.50 recorded in Q2FY25, reflecting a 13.3% QoQ change. Furthermore, there is a significant YoY improvement of 45.8% from the negative ₹2.40 reported in Q3FY24. The consistent improvement in EPS over the quarters and year suggests a positive trend in the company’s operational efficiency and cost management efforts, despite the overall negative earnings scenario. The financial data does not provide specific figures for other common financial ratios, such as the P/E ratio or debt-to-equity ratio, limiting the analysis of these aspects.
