Mahindra Logistics reports 4-fold jump in Q1 consolidated net profit

Mahindra Logistics has reported results for first quarter ended June 30, 2022.

Mahindra Logistics
Mahindra Logistics

The company has reported 2-fold jump in its net profit at Rs 14.06 crore for the quarter under review as compared to Rs 6.04 crore for the same quarter in the previous year. Total income of the company increased by 37.92% at Rs 1071.07 crore for Q1FY23 as compared Rs 776.59 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 4-fold jump in its net profit at Rs 13.52 crore for the quarter under review as compared to Rs 3.29 crore for the same quarter in the previous year. Total income of the company increased by 35.89% at Rs 1202.99 crore for Q1FY23 as compared Rs 885.28 crore for the corresponding quarter previous year.

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