Transporation-Logistics Company Mahindra Logistics announced Q4FY23 & FY23 results: Consolidated FY23 vs FY22: Revenue of Rs 5,128 crore, as compared to Rs 4,141 crore EBITDA of Rs 276 crore, as compared to Rs 198 crore PBT of Rs 35 crore, as compared to Rs 26 crore PAT of Rs 25 crore, as compared to Rs 15 crore EPS (diluted) of Rs 3.64, as compared to Rs 2.43 FY23 performance (without Rivigo B2B express acquisition) comparable with FY22: Revenue of Rs 5,017 crore, as compared to Rs 4,141 crore EBITDA of Rs 303 crore, as compared to Rs 198 crore PBT of Rs 77 crore, as compared to Rs 26 crore PAT of Rs 57 crore, as compared to Rs 15 crore Consolidated Q4FY23 vs Q4FY22: Revenue of Rs 1,273 crore, as compared to Rs 1,089 crore EBITDA of Rs 68 crore, as compared to Rs 58 crore PBT of Rs -5 crore, as compared to Rs 9 crore PAT of Rs -1 crore, as compared to Rs 6 crore EPS (diluted) of Rs -0.11, as compared to Rs 1.03 Q4FY23 performance (without Riviqo B2B express acquisition) comparable with Q4FY22: Revenue of Rs 1,206 crore, as compared to Rs 1,089 crore EBITDA of Rs 87 crore, as compared to Rs 58 crore PBT of Rs 24 crore, as compared to Rs 9 crore PAT of Rs 21 crore, as compared to Rs 6 crore The board of directors has recommended a dividend of 25% (Rs 2.5 per share) FY22 figures have been restated post-acquisition of Meru companies in Q1FY23 FY23 numbers consolidated above are including Rivigo's B2B express business acquired with effect from 10 November 2022 Commenting on the performance, Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics, said, "In Q4 FY23, we continued to invest in our vision of becoming a customer-led provider of integrated logistics & mobility solutions. Despite a slowdown in some end markets, our core 3PL business demonstrated positive traction on order intake and margin expansion, driven by our diversified market segments. Our freight forwarding business was impacted by freight price corrections but demonstrated volume growth across all offerings. The integration program of Rivigo's B2B express business acquired last quarter remains on track to yield cost and operating synergies in the coming quarters. Continued investments in operational excellence and technology aided in operational efficiencies. During the quarter we were certified as Great Place to Work, reaffirming our commitment to building an equal-opportunity, inclusive workplace. We remain optimistic of positive demand uptick in coming quarters and remain focused on consolidating and leveraging our portfolio." Result PDF