Warehousing & Logistics company Mahindra Logistics announced Q3FY25 results Q3FY25 Standalone Financial Highlights: Revenue Rs 1,327 crore as compared to Rs 1,160 crore. EBITDA Rs 77 crore as compared to Rs 71 crore. PBT Rs 15.4 crore as compared to Rs 18.9 crore. PAT Rs 11.6 crore as compared to Rs 12.5 crore. EPS (Diluted) Rs 1.61 as compared to Rs 1.73. Q3FY25 Consolidated Financial Highlights: Revenue Rs 1,594 crore as compared to Rs 1,397 crore. EBITDA Rs 74 crore as compared to Rs 52 crore. PBT Rs -1.1 crore as compared to Rs -9.6 crore. PAT loss Rs 9.0 crore compared to Rs 17.4 crore. EPS (Diluted) Rs -1.25 as compared to Rs -2.42. Other Highlights: 3PL Supply Chain experienced a 14% YoY growth driven by demand in automotive, consumer and durables. Network services grew by 22.9% on YoY basis driven by growth in freight forwarding and last mile delivery. The revenues for Freight forwarding business grew by 18.9% on YoY basis on the back of improved volumes in export. Ocean Freight rates for import & export continued to soften. Warehouse space under management in the 3PL business stood at over 22.3 million. Square feet.With an addition of 0.7 million. Square feet. in Q3FY25. Warehousing and Solutions revenue grew by 14% on YoY basis. The losses for the Express business were reduced by 26.5% on YoY basis, driven by continuous cost optimization. The EBITDA losses were also reduced by 40.3% on YoY basis. Growth in volumes continues to be a key priority for the business as it progresses towards an EBITDA breakeven. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said: "During the quarter, we saw robust revenue growth of 14.1%. Our 3PL contract logistics and outbound logistics business registered strong growth driven by account additions, new offerings and new launches. The crossborder and last mile business segments continued to demonstrate volume growth, despite sectoral pricing headwinds. During the quarter, we expanded our offerings for transportation & green logistics. We are on track with new warehousing additions in western and eastern India. We remain focused on expanding margins through better cost management, and turnaround of the express business." Result PDF