This Mahindra Group Stock Swings To Profit, Declares Dividend; Check Record Date, Other Details

Shareholders eyeing the dividend must pay close attention to the record date determined by the company.

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Mahindra Logistics Ltd. has announced a final dividend for the financial year ended 2026 as it swung to profit in the fourth quarter of the fiscal from a net loss in the year-ago period.

The company has announced a dividend of Rs 2.5 per equity share of the face value of Rs 10 each for the financial year ended 31 March 2026, as per an exchange filing on Thursday. 

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"The dividend payout is subject to the Members' approval at the ensuing 19 th AGM of the Company," the filing underlined. 

Shareholders eyeing the dividend must pay close attention to the record date determined by the company to know whether they are eligible or not. 

Mahindra Logs has set, July 10 (Friday), 2026 as the record date to determine the eligible shareholders for the payout of the dividend. 

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Further, the company informed that the dividend, once approved, will be dispatched after July 20, 2026 (Monday). 

"The final dividend on equity shares for the financial year ended 31 March 2026, as recommended by the Board of Directors and if approved and declared at the ensuing AGM, will be paid/dispatched by the Company in permitted modes after Monday, 20 July 2026 within the stipulated timelines to those Shareholders," the filing stated. 

ALSO READ: Cyient Announces Rs 720-Crore Share Buyback; Check Repurchase Price, Other Details

Mahindra Logistics Q4FY26

In the fourth quarter of FY26, the Mahindra-group company swung to a net profit of  Rs 20.2 crore from a  loss of  Rs 6.8 crore in the year-ago period. 

Revenue from operations jumped 14.13% year-on-year to Rs 1,791 crore from Rs 1,570 crore.

Check LIVE earnings update here

On the operational front, earnings before interest, taxes, depreciation and amortisation saw a sharp surge of nearly 45% to Rs 112 crore from Rs 78 crore, while EBITDA margin expanded to  6.27%, compared to 4.95% in the corresponding quarter of last fiscal. 

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Mahindra Logistics Share Price

Mahindra Logistics stock settled 1.84% higher at Rs 442.70 apiece on the NSE, this compared to a 0.84% decline in the Nifty index on Thursday. 

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