Mahindra Logistics Ltd

(MAHLOG)

Mahindra Logistics Aims for Profitability in Express Business - 07 Nov, 2024

Mahindra Logistics Ltd reported a 33% decline in consolidated profit after tax to Rs 10.7 crore. The company anticipates profitability in its express business through increased volumes and cost efficiency, with significant reductions in losses year-on-year.

Mahindra Logistics Launches Emotional Diwali Campaign - 31 Oct, 2024

Mahindra Logistics has launched its Diwali campaign, 'Some Packages Carry More Than Just Goods,' focusing on emotional storytelling and the significance of deliveries. The campaign features a digital film highlighting the emotional connections customers have with their packages, positioning the brand as consumer-centric.

Mahindra Logistics Faces Challenges, Target Price Adjusted - 24 Oct, 2024

Mahindra Logistics' performance fell short of estimates, prompting Prabhudas Lilladher to maintain a HOLD rating with a revised target price of Rs 493, citing challenges in the B2B express segment.

ICICI Securities Lowers Target for Mahindra Logistics - 23 Oct, 2024

ICICI Securities has reduced its target price for Mahindra Logistics to Rs 420 from Rs 450, citing disappointing Q2FY25 EBITDA performance and significant EPS reductions for FY25E and FY26E.

Mahindra Logistics Reports Narrowed Loss and Revenue Growth - 22 Oct, 2024

Mahindra Logistics reported a narrowed net loss of ₹9.6 crore in Q2 FY25, down from ₹15.5 crore last year, with revenue increasing by 11.4% to ₹1,521 crore. Despite improvements, rising operating expenses affected investor sentiment.

Mahindra Logistics Reports Q2 Loss Amid Revenue Growth - 21 Oct, 2024

Mahindra Logistics posted a net loss of ₹9.6 crore for Q2 FY25, despite an 11% revenue increase to ₹1,521 crore. The company focuses on expanding logistics capacity and optimizing costs amid challenging market conditions.

Mahindra Logistics Introduces New Brand Identity - 14 Oct, 2024

Mahindra Logistics has launched a new brand identity, reflecting its commitment to innovation and operational excellence in integrated logistics solutions. The rebranding aims to unify services and enhance customer engagement.

Mahindra Logistics Invests Rs 50 Crore in Subsidiary - 09 Oct, 2024

Mahindra Logistics' Board has approved a Rs 50 crore investment in its wholly-owned subsidiary, MLL Express Services, to support working capital and operations through a rights issue.