MoneyWorks4Me

Mahindra Logistics reports 19% fall in Q3 consolidated net profit

05 Feb 2020 Evaluate

Mahindra Logistics has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 17.65% in its net profit at Rs 15.77 crore for the quarter under review as compared to Rs 19.15 crore for the same quarter in the previous year. Total income of the company decreased by 8.58% at Rs 859.53 crore for Q3FY20 as compared Rs 940.25 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 18.98% in its net profit at Rs 15.67 crore for the quarter under review as compared to Rs 19.34 crore for the same quarter in the previous year. Total income of the company decreased by 7.40% at Rs 909.94 crore for Q3FY20 as compared Rs 982.67 crore for the corresponding quarter previous year.

Peers