Transportation - Logistics company Mahindra Logistics declares Q3FY22 result: Mahindra Logistics Q3 FY22 Revenue at Rs. 1118 Cr up 7% YoY Q3 FY22 performance compared with Q3 FY21: Revenue Rs. 1118 crores as compared to Rs. 1047 crores in Q3 last year EBITDA Rs. 50 crores as compared to Rs. 55 crores in Q3 last year PBT Rs. 7 crores as compared to Rs. 25 crores in Q3 last year PAT Rs 5 crores compared to Rs. 18 crores last year EPS (Diluted) Rs. 0.79 as compared to Rs. 2.53 last year 9M FY22 performance compared with 9M FY21: Revenue Rs. 3010 crores as compared to Rs. 2290 crores in 9M last year EBITDA Rs. 149 crores as compared to Rs. 101 crores in 9M last year PBT Rs. 32 crores as compared to Rs. 23 crores in 9M last year PAT Rs 23 crores compared to Rs. 16 crores in 9M last year EPS (Diluted) Rs. 3.44 as compared to Rs. 2.42 last year Revenue from Warehousing services & Solutions in the quarter grew 35% over the same period last year underlining the focus on solutions-led approach to customer’s requirements. Growth in Supply Chain segment during the quarter at 6% YoY, contributed by increased business volumes across all key end markets except Auto. “EDel”: Electric last mile delivery solution completed a year and has covered 4Mn KMs during this period, driving the sustainability agenda for us and our customers equally. We continue to see a strong demand environment with an opportunity for continuing electric fleet deployment. Enterprise Mobility segment delivered 16% year on year growth despite the continuing softness in volumes due to extended work from home situation Commenting on the performance, Mr. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said, “The quarter gone by was a challenging one. Demand from the auto sector continued to be impacted due to semi-conductor supplies; and the festive season too saw moderate growth. We continued to deliver strong revenue performance, especially across Consumer, Pharma and International freight forwarding. Our margins saw pressure due to seasonal manpower costs, lower than expected demand and start up costs for new projects. The focus continues to be on optimizing operating costs. We remain focused on delivering technology driven, integrated solutions for enterprise customers.“ Result PDF