Mahindra Logistics posted a consolidated revenue of ₹16.85 billion for Q2 FY2026 but reported a net loss of ₹103.5 million. Strong revenue growth in warehousing and freight segments contrasted with cost pressures and operational challenges impacting profitability.
Mahindra Logistics Limited recorded consolidated revenue from operations of ₹16.85 billion in the quarter ended September 30, 2025, reflecting steady business growth driven by key segments like 3PL (Third Party Logistics), warehousing, and freight forwarding. Despite top-line strength, the company reported a consolidated net loss of ₹103.5 million (₹10.35 crore), attributed mainly to cost pressures, unabsorbed warehousing capacity, and operational challenges within specific business units.
The company’s warehousing segment showed robust growth supported by new site launches in Pune and Agartala, enhancing network coverage and agility. The freight forwarding division witnessed stable performance, while the express delivery segment experienced volume declines affecting margins. Mahindra Logistics continues to emphasize operational discipline and cost optimization to return to profitability.
Management highlighted that the company is strategically focused on scaling integrated supply chain solutions and improving customer service through digital transformation initiatives. The company is also evaluating new opportunities to mitigate losses in its mobility business segment and enhance overall financial health.
Major Takeaways:
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Consolidated revenue reached ₹16.85 billion in Q2 FY2026, showing business resilience.
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Reported consolidated net loss stood at ₹103.5 million due to cost challenges and segmental pressures.
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Warehousing and 3PL segments continued to grow, with new strategic site expansions.
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Freight forwarding remained stable; express business faced volume declines impacting profitability.
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Management focuses on digital transformation and operational efficiency to drive profitability.
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Mobility segment losses persist but are under active review for turnaround.
Source: Mahindra Logistics official disclosures, ScanX Trade, Market Screener, Yahoo Finance