Mahindra Logistics' Q2 FY 2026-27 Quarterly Results

Result Summary

• Mahindra Logistics Ltd reported a 4.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 24.6%.
• Its expenses for the quarter were up by 4.6% QoQ and 21.8% YoY.
• The net profit increased 3.7% QoQ and decreased 445.3% YoY.
• The earnings per share (EPS) of Mahindra Logistics Ltd stood at 2.64 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

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 leading logistics and supply chain management company in India. As part of the Mahindra Group, it offers a wide array of logistics services, including integrated third-party logistics and freight forwarding services. The company serves diverse sectors such as automotive, consumer goods, pharmaceuticals, e-commerce, and bulk. With a focus on innovation and technology, Mahindra Logistics continues to expand its operations to improve efficiency and customer satisfaction. Recent developments may include strategic partnerships and an emphasis on leveraging technology to enhance service delivery, although specific details of such developments are not provided in the available data.

Revenue

In the second quarter of fiscal year 2027 (Q2FY27), Mahindra Logistics Ltd reported a total income of ₹2103.85 crores, reflecting a quarter-over-quarter (QoQ) increase of 4.5% from ₹2012.71 crores in Q1FY27. Compared to the same period in the previous year (Q2FY26), where the total income was ₹1688.21 crores, there was a noteworthy year-over-year (YoY) growth of 24.6%. This substantial increase in revenue over the past year highlights a significant upward trend in the company's financial performance in terms of income generation.

Profitability

Profitability metrics for Mahindra Logistics Ltd in Q2FY27 demonstrate a positive trajectory. The company recorded a profit before tax of ₹40.36 crores, marking a 3.2% increase from the previous quarter's ₹39.11 crores. On a yearly basis, there has been a remarkable change from a loss of ₹5.37 crores in Q2FY26 to a profit, highlighting a significant turnaround in financial performance. The profit after tax for Q2FY27 stood at ₹28.87 crores, which represents a 3.7% increase QoQ from ₹27.83 crores in Q1FY27, and a stark improvement from a loss of ₹8.36 crores in Q2FY26, showing a YoY change of -445.3%.

Operating Metrics

The company's total expenses for Q2FY27 amounted to ₹2063.49 crores, up 4.6% QoQ from ₹1973.60 crores in Q1FY27. Compared to Q2FY26, where expenses were ₹1693.58 crores, the expenses increased by 21.8% YoY. The tax expense for Q2FY27 was ₹11.43 crores, which is a 1.8% rise from ₹11.23 crores in Q1FY27, and a substantial increase from ₹2.95 crores in Q2FY26, indicating a 287.5% YoY increase. Earnings per share (EPS) for Q2FY27 was ₹2.64, showing a 3.5% increase from the previous quarter's ₹2.55. Compared to a negative EPS of ₹-1.20 in Q2FY26, this reflects a significant positive change. These metrics indicate a general improvement in the company's operating performance over the past year.