Mahindra Logistics Limited announced its consolidated financial results for the year ended March 31, 2025, reporting a net loss of ₹30 crore, narrowing from a loss of ₹53.09 crore in the previous fiscal. The company saw an uptick in its operating revenues, which rose to ₹6,104.83 crore from ₹5,505.97 crore in FY24, marking a year-on-year growth of nearly 11%.
For the March quarter, revenue from operations stood at ₹1,569.51 crore, slightly lower than ₹1,594.20 crore reported in the December quarter but higher than ₹1,450.76 crore recorded in Q4 of FY24. However, the company posted a loss after tax of ₹5.29 crore in the quarter, compared to a loss of ₹11.91 crore in the same quarter last year.
Operating expenses for the full year rose to ₹5,260.89 crore, up from ₹4,687.59 crore in FY24. Employee benefit expenses remained nearly stable at ₹403.60 crore compared to ₹404.70 crore a year ago. Finance costs increased to ₹81.21 crore from ₹68.16 crore, while depreciation and amortisation rose to ₹226.32 crore from ₹208.99 crore.
The basic and diluted earnings per share (EPS) for FY25 stood at ₹(4.97), improving from ₹(7.60) in FY24.
Despite reporting another year of losses, Mahindra Logistics showed signs of stabilization with reduced losses and improved revenue. The company’s management is expected to focus on cost optimization and margin improvement to return to profitability in the coming fiscal.