Mahindra Logistics FY23 Revenue up by 24% YoY at Rs. 5,128 Cr; EBITDA up 39% YoY

Spread the love

Mahindra Logistics FY23 Revenue up by 24% YoY at Rs. 5,128 Cr; EBITDA up 39% YoY.

Mahindra Logistics Ltd. (MLL), one of India’s integrated logistics & mobility solutions providers, today announced its audited consolidated financial results for the quarter and full year ended on March 31, 2023.

Table of Contents

FY23 (consolidated) performance compared with FY22

Revenue Rs. 5,128 crores as compared to Rs. 4,141 crores
EBITDA Rs. 276 crores as compared to Rs. 198 crores
PBT Rs. 35 crores as compared to Rs. 26 crores
PAT Rs 25 crores compared to Rs. 15 crores
EPS (Diluted) Rs. 3.64 as compared to Rs. 2.43

FY23 performance (without Rivigo B2B express acquisition) comparable with FY22

Revenue Rs. 5,017 crores as compared to Rs. 4,141 crores
EBITDA Rs. 303 crores as compared to Rs. 198 crores
PBT Rs. 77 crores as compared to Rs. 26 crores
PAT Rs. 57 crore as compared to Rs 15 crores

Q4 FY23 (consolidated) performance compared with Q4 FY22

Revenue Rs. 1,273 crores as compared to Rs. 1,089 crores
EBITDA Rs. 68 crores as compared to Rs. 58 crores
PBT Rs. -5 crores as compared to Rs. 9 crores
PAT Rs. -1 crore as compared to Rs 6 crores
EPS (Diluted) Rs. -0.11 as compared to Rs. 1.03

Q4 FY23 performance (without Rivigo B2B express acquisition) comparable with Q4FY22

Revenue Rs. 1,206 crores as compared to Rs. 1,089 crores
EBITDA Rs. 87 crores as compared to Rs. 58 crores
PBT Rs. 24 crores as compared to Rs. 9 crores
PAT Rs. 21 crore as compared to Rs 6 crores

The Board of Directors has recommended dividend of 25% (Rs. 2.5 per share).

FY22 figures have been restated post acquisition of Meru companies in Q1 FY23.
FY23 numbers consolidated above are including Rivigo’s B2B express business acquired with effect from 10 November 2022.