+
Mahindra Logistics Reports FY26 Revenue Rise And Return To Profitability
WAREHOUSING & LOGISTICS

Mahindra Logistics Reports FY26 Revenue Rise And Return To Profitability

Mahindra Logistics Limited reported audited consolidated financial results for the fourth quarter and financial year ended 31 March 2026, with FY26 consolidated revenue rising 15 per cent to Rs. 69.99 billion (bn). EBITDA for the year increased to Rs. 3.76 billion, and the group returned to profitability with reported FY26 profit after tax of Rs. 23 million (mn) and operational profit after tax of Rs. 82 million. The board approved the results at a meeting on 23 April 2026.

In the fourth quarter, consolidated revenue was Rs. 17.91 billion, with EBITDA of Rs. 1.12 billion and reported profit after tax of Rs. 202 million. Diluted earnings per share for the quarter were two point zero three, and for the full year, the diluted earnings per share were zero point two five. On a standalone basis, the company reported annual revenue of Rs. 56.72 billion and standalone EBITDA of Rs. 3.53 billion.

The company said growth was broad-based across business verticals, with the Express business expanding revenue by 25 per cent and delivering positive gross margin expansion, and Freight Forwarding achieving 14 per cent revenue growth and material EBITDA improvement. Mobility revenue grew 22 per cent with EBITDA up 45 per cent, supported by new B2B additions and the launch of a premium tech-enabled B2C service. Last mile delivery moved to positive quarterly EBITDA of Rs. 22 mn after prior quarter losses, while warehousing operations remained large at 20.4 mn square feet under management.

Management described the results as evidence that the transformation programme is gaining traction, attributing the improvements to tighter operational discipline, network optimisation and customer-level economics. The company reiterated its commitment to become the leading logistics services provider in India and to continue investing in technology and service reliability. The release noted the financial statements were audited and that further information is available on the company website.

Mahindra Logistics Limited reported audited consolidated financial results for the fourth quarter and financial year ended 31 March 2026, with FY26 consolidated revenue rising 15 per cent to Rs. 69.99 billion (bn). EBITDA for the year increased to Rs. 3.76 billion, and the group returned to profitability with reported FY26 profit after tax of Rs. 23 million (mn) and operational profit after tax of Rs. 82 million. The board approved the results at a meeting on 23 April 2026. In the fourth quarter, consolidated revenue was Rs. 17.91 billion, with EBITDA of Rs. 1.12 billion and reported profit after tax of Rs. 202 million. Diluted earnings per share for the quarter were two point zero three, and for the full year, the diluted earnings per share were zero point two five. On a standalone basis, the company reported annual revenue of Rs. 56.72 billion and standalone EBITDA of Rs. 3.53 billion. The company said growth was broad-based across business verticals, with the Express business expanding revenue by 25 per cent and delivering positive gross margin expansion, and Freight Forwarding achieving 14 per cent revenue growth and material EBITDA improvement. Mobility revenue grew 22 per cent with EBITDA up 45 per cent, supported by new B2B additions and the launch of a premium tech-enabled B2C service. Last mile delivery moved to positive quarterly EBITDA of Rs. 22 mn after prior quarter losses, while warehousing operations remained large at 20.4 mn square feet under management. Management described the results as evidence that the transformation programme is gaining traction, attributing the improvements to tighter operational discipline, network optimisation and customer-level economics. The company reiterated its commitment to become the leading logistics services provider in India and to continue investing in technology and service reliability. The release noted the financial statements were audited and that further information is available on the company website.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code