Mahindra Logistics consolidated net profit rises 69.62% in the March 2018 quarter

Sales rise 23.47% to Rs 892.66 crore

Net profit of Mahindra Logistics rose 69.62% to Rs 20.88 crore in the quarter ended March 2018 as against Rs 12.31 crore during the previous quarter ended March 2017. Sales rose 23.47% to Rs 892.66 crore in the quarter ended March 2018 as against Rs 722.97 crore during the previous quarter ended March 2017.

For the full year,net profit rose 41.58% to Rs 65.27 crore in the year ended March 2018 as against Rs 46.10 crore during the previous year ended March 2017. Sales rose 28.11% to Rs 3416.12 crore in the year ended March 2018 as against Rs 2666.59 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales892.66722.97 23 3416.122666.59 28 OPM %4.222.80 -3.502.86 - PBDT37.6521.03 79 121.8482.42 48 PBT32.4016.57 96 102.1167.82 51 NP20.8812.31 70 65.2746.10 42

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