Business Standard

Mahindra Logistics Ltd News

Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth

The company declared a dividend on Rs 2.50 per share

Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth
Updated On : 22 Apr 2024 | 6:16 PM IST

Mahindra Logistics Q3 results: Loss at Rs 17.41 crore, expenses jump 6%

During the quarter, a 6% jump in total expenses to 14.13 billion rupees outweighed a 5% rise in revenue to 13.97 billion rupees

Mahindra Logistics Q3 results: Loss at Rs 17.41 crore, expenses jump 6%
Updated On : 29 Jan 2024 | 8:11 PM IST

Mahindra Logistics to invest Rs 170 crore in warehousing facility in Maha

Mahindra Logistics Limited (MLL) on Tuesday announced the construction of its warehousing facility in Phaltan, near Pune with an investment of Rs 170 crore. Spread over 6.5 lakh square feet (sq ft), the new facility will be developed in two phases. The first phase, comprising 3.5 lakh sq ft, is scheduled to be operational by the end of 2024, the company said in a statement. Mahindra Logistics will manage inbound logistics to manufacturing and distribution solutions of diverse clients in automotive and manufacturing sectors located in the region, the company said. The company and its partners are set to invest Rs 170 crore across multiple phases for the development of the new facility and related infrastructure. "To enhance our capabilities and meet the rising demand, we are expanding our multi-client warehousing network across India. Our latest facility in Phaltan is strategically located to augment the overall business ecosystem for our valued clientele in the region," said ...

Mahindra Logistics to invest Rs 170 crore in warehousing facility in Maha
Updated On : 23 Jan 2024 | 3:58 PM IST