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Mahindra Logistics ‘s Q2 Financial results: Revenue Grows by 11.46% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 11.46 % in the past year, substantial increase in net sales/revenue by 7.12 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -73.71 %, Marginal decrease of -69.49% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Mahindra Logistics Limited. Profit dropped by -38.44 % Year to Year, Mahindra Logistics Limited’s profitability increased by 22.58 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -32.13 % Year to Year. EPS increased by 16.28 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Mahindra Logistics Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1364.76 Cr Rs. 1420.02 Cr Rs. 1521.1 Cr + 7.12 % + 11.46 %
Expenses Rs. 1311.34 Cr Rs. 1353.74 Cr Rs. 1454.72 Cr + 7.46 % + 10.93 %
Operating Profit Rs. 53.42 Cr Rs. 66.28 Cr Rs. 66.38 Cr + 0.15 % + 24.26 %
OPM % 3.91 % 4.67 % 4.36 % -0.31 % + 0.45 %
Other Income Rs. 6.58 Cr Rs. 5.67 Cr Rs. 1.73 Cr -69.49 % -73.71 %
Interest Rs. 16.53 Cr Rs. 19.49 Cr Rs. 19.12 Cr -1.9 % + 15.67 %
Depreciation Rs. 51.79 Cr Rs. 54.96 Cr Rs. 53.96 Cr -1.82 % + 4.19 %
Profit before tax Rs. -8.32 Cr Rs. -2.5 Cr Rs. -4.97 Cr -98.8 % + 40.26 %
Tax % -89.23 % -213.6 % -93.36 % + 120.24 % -4.13 %
Net Profit Rs. -15.61 Cr Rs. -7.84 Cr Rs. -9.61 Cr -22.58 % + 38.44 %
EPS in Rs Rs. -2.21 Rs. -1.29 Rs. -1.5 -16.28 % + 32.13 %


Today, we’re looking at Mahindra Logistics Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.46 %. However, it did see a marginal increase of 7.12 % from the previous quarter. Expenses ticked up slightly by 7.46 % quarter-on-quarter, aligning with the annual rise of 10.93 %. Operating profit, while up 24.26 % compared to last year, faced a quarter-on-quarter increase of 0.15 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.45 %, but a shrinkage of -0.31 % sequentially. Other income fell by -69.49 % compared to the last quarter, despite an annual decline of -73.71 %. Interest expenses dropped significantly by -1.9 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.67 %. Depreciation costs fell by -1.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.19 %. Profit before tax grew annually by 40.26 % but saw a reduction from the preceding quarter by -98.8 %.
Tax expenses as a percentage of profits decreased slightly by -4.13 % compared to last year, with a more notable quarter-on-quarter increase of 120.24 %. Net profit rose by 38.44 % year-on-year but witnessed a -22.58 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.13 % but a quarterly fall of -16.28 %. In summary, Mahindra Logistics Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 1364.76 Cr Rs. 1420.02 Cr Rs. 1521.1 Cr + 7.12 % + 11.46 %
Expenses Rs. 1311.34 Cr Rs. 1353.74 Cr Rs. 1454.72 Cr + 7.46 % + 10.93 %
Operating Profit Rs. 53.42 Cr Rs. 66.28 Cr Rs. 66.38 Cr + 0.15 % + 24.26 %
Net Profit Rs. -15.61 Cr Rs. -7.84 Cr Rs. -9.61 Cr -22.58 % + 38.44 %
EPS in Rs Rs. -2.21 Rs. -1.29 Rs. -1.5 -16.28 % + 32.13 %


In reviewing Mahindra Logistics Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.46 % year-on-year growth, however, there was a minor increase of 7.12 % from the previous quarter. Expenses rose by 10.93 % compared to the previous year, with a 7.46 % increase quarter-on-quarter. Operating Profit surged by 24.26 % annually, and saw a 0.15 % increase from the last quarter.
Net Profit showed yearly increase of 38.44 %, and experienced a -22.58 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 32.13 % annually, however dipped by -16.28 % compared to the last quarter. In essence, while Mahindra Logistics Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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