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01-01-1970 12:00 AM | Source: Angel Broking Ltd
Mahindra Logistics - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
News By Tags | #5948 #4124 #607 #4103 #6174

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Below are Quote on Mahindra Logistics - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd   

Mahindra Logistic limited reported total revenue from operations at 974 up by 20% YoY Q4FY21. Revenue from non M&M SCM at 4338 Cr up by 30% in Q1FY21. Gross margin at ₹95 Cr was up by 13% as compared to Q4FY2020.  EBITDA for the quarter at 51 crores up by 24% in Q4FY21 as compared to Q4FY20. Profit after tax for the quarter at ₹12 crores in Q4FY21 up by 29%, Profit after tax includes exceptional loss of 2.7 Cr due to impairment of long term investment.

Comply reported very good business growth of 20% along with this revenue from warehouse service & solution grew by 12%. We have a neutral outlook on the company.

 

Above views are of the author and not of the website kindly read disclaimer

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