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Mahindra Logistics reports 72% rise in Q4 consolidated net profit

03 May 2018 Evaluate

Mahindra Logistics has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported a rise of 77.02% in its net profit at Rs 19.95 crore for the quarter ended March 31, 2018 as compared to Rs 11.27 crore for the same quarter in the previous year. Total income of the company has increased by 19.49% at Rs 838.10 crore for quarter under review as compared to Rs 701.41 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported rise of 72.47% in its net profit at Rs 20.49 crore for the quarter ended March 31, 2018 as compared to Rs 11.88 crore for the corresponding quarter in the FY17. Total income of the company rose 23.29% at Rs 893.49 crore for quarter under review as compared to Rs 724.71 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 38.82% in its net profit at Rs 62.19 crore as compared to Rs 44.80 crore for the same period in the previous year. Total income of the company increased 24.14% at Rs 3,224.84 crore for year under review as compared to Rs 2,597.65 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 40.31% in its net profit at Rs 64.01 crore as compared to Rs 45.62 crore for the same period in the previous year. Total income of the company has increased by 27.87% at Rs 3,422.00 crore for year under review as compared to Rs 2,676.24 crore for the period ended March 31, 2017.

Mahindra Logistics Share Price

433.15 1.15 (0.27%)
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