Mahindra Logistics Q2 FY27 Revenue Jumps 24% YoY to ₹2,095 Cr, PAT Up 3.5x
Mahindra Logistics reported Q2 FY27 consolidated revenue of ₹2,095 crore, up 24% YoY. PAT increased 3.5x to ₹26.2 crore. EBITDA grew 46% YoY to ₹124 crore. Contract Logistics and Mobility businesses saw significant growth. ROCE improved to 12.9% in H1 FY27.
The substantial growth in revenue and profit, coupled with positive turnaround in key business segments, indicates a significant positive impact on the company's financial health and market position.
The company reported strong year-on-year growth in revenue and profit, along with significant improvements in EBITDA and ROCE. Several business segments also showed robust performance and turnaround success.
Mahindra Logistics Limited (MLL) announced its unaudited consolidated financial results for the second quarter and half year ended September 30, 2026. The company reported a significant 24% year-on-year (YoY) revenue growth, reaching ₹2,095 crore, and a 5% sequential growth.
The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) increased by 46% YoY to ₹124 crore, with a margin expansion of 90 basis points to 5.9%. Profit After Tax (PAT) surged by 3.5 times YoY to ₹26.2 crore. Earnings Per Share (EPS) stood at ₹2.64, compared to ₹(1.20) in Q2 FY26.
Key business segments demonstrated robust performance. The Contract Logistics business grew by 28% YoY, driven by volume increases for major clients, including the M&M Auto business. The Express business (MESPL) showed a strong turnaround, with 69% YoY and 11% sequential growth, achieving its first EBITDA-positive quarter post-acquisition.
The Last Mile Delivery segment generated revenue of ₹68 crore in Q2 FY27, with EBITDA improving to ₹1.6 crore from ₹0.4 crore YoY. The Mobility business expanded by 33% YoY due to new customer acquisitions in the B2B segment. The Freight Forwarding business grew 12% QoQ with improved profitability.
Mr. Hemant Sikka, Managing Director and CEO of Mahindra Logistics Ltd., commented that the results reflect sharper execution, stronger operating discipline, and a clear focus on profitable growth. He highlighted the improvement in capital efficiency, with ROCE increasing to 12.9% in H1 FY27 from 1.7% in H1 FY26. The company is focused on accelerating profitable growth and creating long-term shareholder value.
What to do with a filing like this
Mahindra Logistics Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Mahindra Logistics Limited. Read the original for the full detail.