Mahindra Logistics Q1FY26 Revenue up by 14.4% YoY at Rs.1,625 crores

MUMBAI : Mahindra Logistics Ltd. (MLL), one of India’s integrated logistics & mobility solutions providers, announced its unaudited consolidated financial results for the quarter ended 30^th June, 2025.

Q1 FY26 (Consolidated) performance compared with Q1 FY25

• Revenue Rs. 1,625 crores as compared to Rs. 1,420 crores.
• EBITDA Rs.76 crores as compared to Rs.66 crores.
• PBT Rs. (5.8) crores as compared to Rs. (2.5) crores.
• PAT loss Rs. 10.80 crores compared to Rs. 9.32 crores.
• EPS (Diluted) Rs. (1.50) as compared to Rs. (1.29).

Q1 FY26 (Consolidated) performance compared with Q4 FY25

• Revenue Rs. 1,625 crores as compared to Rs. 1,570 crores.
• EBITDA Rs.76 crores as compared to Rs.78 crores.
• PBT Rs. (5.8) crores as compared to Rs. 0.9 crores.
• PAT loss Rs. 10.80 crores compared to Rs. 6.75 crores.
• EPS (Diluted) Rs. (1.50) as compared to Rs. (0.93)

Q1 FY26 MLL Standalone compared with Q1 FY25

• Revenue Rs.1,346 crores as compared to Rs.1,157 crores.
• EBITDA Rs.79 crores as compared to Rs.72 crores.
• PBT Rs.8.7 crores as compared to Rs. 13.7 crores
• PAT Rs.6.44 crores as compared to Rs.10.22 crores.
• EPS (Diluted) Rs 0.89 as compared to Rs.1.42

Q1 FY26 MLL Standalone compared with Q4 FY25

• Revenue Rs.1,346 crores as compared to Rs.1,293 crores.
• EBITDA Rs.79 crores as compared to Rs.80 crores.
• PBT Rs.8.7 crores as compared to Rs. 17.5 crores
• PAT Rs.6.44 crores as compared to Rs.13.12 crores.
• EPS (Diluted) Rs 0.89 as compared to Rs. 1.82

Key Highlights for Q1FY26

·      Consolidated Revenue for Q1FY26 registered a 14% year-on-year growth, driven by strong performance in 3PL, Last Mile Delivery (LMD)and the Express segments

·      The Express business achieved a significant milestone by crossing ₹100 crore in quarterly revenue for the first time. EBITDA and PAT improved by 14% and 3% year-on-year respectively, although yields remained under pressure due to an evolving customer mix.

·      The Freight Forwarding segment reported a modest YoY revenue increase. Growth was moderated by ongoing geopolitical disruptions and tariff related challenges impacting cross-border flows.

·      The Mobility business reported improved profitability over the same period last year, due to new clients and improved efficiency with quality fleet.

·      The warehouse space under management stood at 21.1 million square feet. The newly inaugurated Cummins India Logistics Centre in Phaltan, a flagship facility, was recognized as Cummins’ “Best Supplier of the Year- Indirect Sourcing”, underscoring operational excellence and customer partnership. The sites in Pune and Agartala also went live in Q1FY26.

Commenting on the performance, Mr. Hemant Sikka, Managing Director and CEO of Mahindra Logistics Ltd. said,

“At Mahindra Logistics, we focus on navigating complexity with intent—mobilising our strengths, channelling collective potential, and challenging limits to drive meaningful progress together. Over the last quarter, we emphasised on strategic execution, architecting capabilities to scale our integrated solutions ecosystem and accelerate the transition toward future readiness. Our performance this quarter reflects the momentum of our shared purpose with the Express Business crossing ₹100 crore in revenue. Reflecting the direction we continue to pursue, our consolidated revenue grew 14% year-on-year, supported by good performance in 3PL, Last Mile Delivery, and the Express segments. Performance in the Freight Forwarding segment remained stable, while the Mobility business delivered improved profitability—driven by a sharper focus on operating discipline. Our new sites in Pune and Agartala also went live this quarter, reinforcing our footprint and improving network agility.”