Mahindra Logistics Q4 Review— Inline; Express Business Continues To Struggle: Motilal Oswal Maintains Neutral
2 Articles
2 Articles
Mahindra Logistics Q4 Review— Inline; Express Business Continues To Struggle: Motilal Oswal Maintains Neutral
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.NDTV Profit’s special research sec…
Mahindra Logistics announces MD & CEO transition
MUMBAI : The Board of Mahindra Logistics Ltd. (MLL), one of India’s largest integrated logistics solutions providers, on Monday appointed Hemant Sikka as Additional Director and as MD & CEO designate for MLL with effect from 22nd April 2025. Hemant will take over as MD & CEO from 5th May 2025. Hemant’s appointment is consequent to Ram Swaminathan’s decision to resign from MLL to pursue other professional interests. Ram joined MLL on 18th July …
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