Mahindra Logistics announced Q2FY23 results: Q2 FY23 vs Q2 FY22: Revenue Rs. 1,326 crore as compared to Rs. 1,033 crore EBITDA Rs. 71 crore as compared to Rs. 49 crore PBT Rs. 17 crores as compared to Rs. 8 crore PAT Rs. 11 crore as compared to Rs 5 crore EPS (Diluted) Rs. 1.69 as compared to Rs. 0.71 H1 FY23 vs H1 FY22: Revenue Rs. 2,526 crore as compared to Rs. 1,916 crore EBITDA Rs. 140 crore as compared to Rs. 92 crore PBT Rs. 36 crore as compared to Rs. 14 crore PAT Rs 25 crore compared to Rs. 8 crore EPS (Diluted) Rs. 3.56 as compared to Rs. 1.16 Commenting on the performance, Mr. Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics Ltd. said, “We continued our growth momentum in the Q2 of FY23 with a 28% YoY increase in revenue. The business volume increase has been led by auto recovery and continued organic volume growth in other sectors. In addition to 3PL contract logistics, we continued to invest in last mile and B2B express which has maintained a strong growth momentum. During the quarter we witnessed the broader impact of inflation, an increase in front-line manpower costs and supply shortages of trailers and car carriers. While the short-term operating environment continues to be characterized by global recessionary trends, pricing volatility and overall inflation, we continue to drive optimization in operations for us and our clients. The recently announced National Logistics Policy will be a catalyst for sector reforms and will enhance digitization, multi-modal logistics and lower cost of logistics.” Result PDF