Mahindra Logistics Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 29, 2018 at 07:21 am
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Mahindra Logistics Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on consolidated basis, the company reported revenue from operations of INR 8,350.6 million against INR 7,151.2 million a year ago. Total income was INR 8,365 million against INR 7,171.2 million a year ago. Profit before exceptional items and tax was INR 245 million against INR 175 million a year ago. Profit before tax was INR 245 million against INR 175 million a year ago. Profit after tax attributable to the shareholders of the company was INR 148.4 million against INR 114.6 million a year ago. Diluted earnings per share were INR 2.08 against INR 1.66 a year ago. EBITDA was INR 310 million against INR 220 million a year ago.
For the period, on consolidated basis, the company reported revenue from operations of INR 25,234.6 million against INR 19,436.2 million a year ago. Total income was INR 25,285.1 million against INR 19,515.3 million a year ago. Profit before exceptional items and tax was INR 697.1 million against INR 512.5 million a year ago. Profit before tax was INR 697.1 million against INR 512.5 million a year ago. Profit after tax attributable to the shareholders of the company was INR 435.2 million against INR 337.4 million a year ago. Diluted earnings per share were INR 6.18 against INR 4.89 a year ago. EBITDA was INR 870 million against INR 640 million a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 7,764.4 million against INR 6,966.2 million a year ago. Total income was INR 7,774.1 million against INR 6,983.5 million a year ago. Profit before exceptional items and tax was INR 222.7 million against INR 176.9 million a year ago. Profit before tax was INR 222.7 million against INR 176.9 million a year ago. Profit after tax was INR 139.5 million against INR 114.3 million a year ago. Diluted earnings per share were INR 1.95 against INR 1.65 a year ago.
For the period, on standalone basis, the company reported revenue from operations of INR 23,824.8 million against INR 18,888.2 million a year ago. Total income was INR 23,867.4 million against INR 18,962.5 million a year ago. Profit before exceptional items and tax was INR 665.4 million against INR 515.6 million a year ago. Profit before tax was INR 665.4 million against INR 515.6 million a year ago. Profit after tax was INR 422.4 million against INR 335.4 million a year ago. Diluted earnings per share were INR 5.99 against INR 4.86 a year ago.
Mahindra Logistics Limited is an India-based company, which operates as a third-party logistics (3PL) service provider. The Company offers a range of integrated logistics and mobility solutions. The Company provides a wide range of customized, technology-enabled solutions for supply chain management and mobility. The Company operates through two segments: Supply Chain Management and Enterprise Mobility Services. The Company provides contract logistics, business-to-business (B2B) express, last mile delivery and freight forwarding services to its clients. It also provides enterprise mobility services, cab on demand, airport pickup and transfer, outstation and upkeep services under the Alyte and Meru brands. It offers business provides a range of last mile delivery solutions for clients using electric vehicle (EV) and internal combustion engine vehicle. Its services also include on-call services, green-fleet solutions, event transportation, and subscription services.
Mahindra Logistics Limited Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017