Mahindra Logistics Q1 FY22 Revenue at Rs. 873 Cr; PAT Rs. 9 Cr, up 155% YoY

Mahindra Logistics Q1 FY22 Revenue at Rs. 873 Cr; PAT Rs. 9 Cr, up 155% YoY

Mahindra Logistics Ltd. (MLL), one of India’s large 3PL solutions providers, today announced its consolidated financial results for the quarter ended on June 30, 2021.

Q1 FY22 performance compared with Q1 FY21             

Revenue Rs. 873 crores as compared to Rs. 410 crores in Q1 last year

EBITDA Rs. 47 crores as compared to Rs. 1 crore in Q1 last year

PBT Rs. 12 crores as compared to negative Rs. 22 crores in Q1 last year

PAT Rs 9 crores, compared to negative Rs. 17 crores last year

EPS (Diluted) Rs. 1.26 as compared to Rs. (-)2.21 last year

Q1 F21 had witnessed extreme disruptions due to lockdowns imposed to contain spread of COVID 19 and hence to that extent the previous year numbers factor that impact.