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Mahindra Logistics Top Management Shares Key Strategies And Outlook Post Weak Q3 Results

#q3earnings #q3results #q3fy23 #q3fy23results #businessnews Mahindra Logistics Ltd (MLL) on Monday (January 29) reported a net loss of ₹16.4 crore for the third quarter that ended December 31, 2023. In the corresponding quarter last year, Mahindra Logistics posted a net profit of ₹15.5 crore, the company said in a regulatory filing. The company's revenue from operations increased 5.1% to ₹1,397.2 crore against ₹1,329.6 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA declined 17.1% to ₹52.2 crore in the third quarter of this fiscal over ₹63 crore in the year-ago period. The EBITDA margin stood at 3.7% in the reporting quarter against 4.7% in the corresponding period in the previous fiscal. Catch Sakshi Batra in conversation with Rampraveen Swaminathan, MD & CEO, Mahindra Logistics limited sharing insights on key strategies & outlook post Weak Q3 earnings. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook:   / businesstoday   twitter:   / business_today   Instagram:   / business_today  

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