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Live2026-08-20 09:36 UTC+27 todayUpdated

Mahindra Logistics Q1 F27 Revenue Up 23% to ₹2,003 Cr, PAT at ₹25.4 Cr

Mahindra Logistics Ltd. posted a 23% year-on-year revenue rise to ₹2,003 crore in Q1 F27, with profit after tax at ₹25.4 crore and improving for a fourth straight quarter.

Revenue
₹2,003 cr
EBITDA
₹115 cr
PAT
₹25.4 cr
Revenue growth (YoY)
23%

What Happened

Mahindra Logistics Ltd. (MLL), a leading integrated logistics and mobility solutions provider in India, announced its unaudited consolidated financial results for the quarter ended June 30, 2026. Revenue grew 23% year-on-year and 12% sequentially, with profit after tax improving for the fourth consecutive quarter to ₹25.4 crore. The company attributed growth to broad-based performance across its 3PL, Express, and Mobility segments, driven by operating efficiencies and disciplined execution.

Revenue

₹2,003 crIndian rupees crore

Up 23% year-on-year and 12% sequentially.

EBITDA

₹115 crIndian rupees crore

Up 51% year-on-year and 3% sequentially.

Profitability turnaround
Q1 F26
PAT ₹(10.8) cr, EPS ₹(1.44)
Q4 F26
PAT ₹20.2 cr, EPS ₹2.03
Q1 F27
PAT ₹25.4 cr, EPS ₹2.55
Segment highlights
  • Contract Logistics revenue grew 26% YoY, with EBITDA up 31%.
  • Express Business revenue grew 58% YoY and 10% sequentially.
  • Last Mile Delivery EBITDA improved to ₹2.6 cr from a ₹0.5 cr loss in Q1 F26, after revenue fell 16% YoY due to portfolio recalibration.
  • Mobility business revenue expanded 38% YoY, with EBITDA up 8%.
  • Warehouse space under management reached 21.9 million sq ft, up 1.52 million sq ft from the prior quarter.
Q1 F27 reflects the continued momentum of our transformation journey evolving into a growth journey. Strong revenue growth, a return to healthy profitability, and improved business fundamentals demonstrate the impact of disciplined execution, sharper customer-level economics, and a relentless focus on operational excellence.
Hemant Sikka, Managing Director and CEO, Mahindra Logistics Ltd.

Why this matters

The quarterly results show Mahindra Logistics, one of India's leading integrated logistics and mobility providers, is scaling revenue while improving profitability for the fourth quarter in a row. For its customers across sectors, this signals a more stable logistics partner, and for investors it indicates stronger business fundamentals and disciplined execution.

Terms in This Story

EBITDA
Earnings before interest, taxes, depreciation, and amortization – a measure of a company's operating profitability.
PAT
Profit after tax – the net income remaining after all expenses and taxes.
YoY
Year-over-year – a comparison of figures from one year to the same period in the previous year.
3PL
Third-party logistics – a service provider that manages logistics operations for other companies.
Read Original: Mahindra & Mahindra

Summarised from the linked release; details can be imperfect — always verify against the original source.