ADVERTISEMENT
Mahindra Logistics Q4 Review— Inline; Express Business Continues To Struggle: Motilal Oswal Maintains Neutral
Motilal Oswal reiterates Neutral rating with a revised target price of Rs 300 (premised on 11x FY27E EPS).
22 Apr 2025, 09:40 AM IST 
Save
Mahindra Logistics’s revenue grew ~8% YoY to Rs 15.7 billion in Q4 FY25, in line with the brokerage's estimate.
(Photo Source: Company website)
Mahindra Logistics reported 8% YoY revenue growth in Q4 and 11% in FY25, driven by robust performance in 3PL contract logistics, new service offerings, and strategic account additions. Contract logistics grew 9% YoY, cross-border logistics rose 20% YoY, and last mile delivery saw a 10% YoY rise. While B2B express revenue fell 4% YoY, volumes recovered QoQ. Warehousing grew 15% YoY with major expansions underway.
