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Mahindra Logistics consolidated net profit rises 29.29% in the March 2021 quarter

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Capital Market

Sales rise 19.99% to Rs 974.00 crore

Net profit of Mahindra Logistics rose 29.29% to Rs 12.58 crore in the quarter ended March 2021 as against Rs 9.73 crore during the previous quarter ended March 2020. Sales rose 19.99% to Rs 974.00 crore in the quarter ended March 2021 as against Rs 811.76 crore during the previous quarter ended March 2020.

For the full year,net profit declined 45.57% to Rs 30.00 crore in the year ended March 2021 as against Rs 55.12 crore during the previous year ended March 2020. Sales declined 5.98% to Rs 3263.72 crore in the year ended March 2021 as against Rs 3471.14 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales974.00811.76 20 3263.723471.14 -6 OPM %4.744.68 -4.114.56 - PBDT45.2135.46 27 131.60154.62 -15 PBT19.1313.43 42 41.9581.19 -48 NP12.589.73 29 30.0055.12 -46

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First Published: Apr 29 2021 | 6:21 PM IST

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