Shares of Mahindra Logistics Limited surged over 7% in morning trade after the company reported a strong turnaround in its third-quarter earnings, supported by healthy revenue growth and improved operating performance.
Mahindra Logistics posted a net profit of ₹3.25 crore for Q3 FY26, reversing a loss of ₹9.03 crore reported in the corresponding quarter last year.
Revenue for the quarter rose 19.1% year-on-year to ₹1,898 crore, compared with ₹1,594.2 crore in Q3 FY25. The growth was driven by steady demand across segments and improved scale of operations, helping the company strengthen its topline performance.
Operating performance also showed a sharp improvement. EBITDA increased 39.5% year-on-year to ₹102.79 crore from ₹73.69 crore in the year-ago period. The strong rise in EBITDA outpaced revenue growth, highlighting enhanced operational efficiency.
EBITDA margin expanded to 5.42% in Q3 FY26, up from 4.62% a year earlier. The margin expansion indicates better cost management and benefits from operating leverage, which played a key role in the company’s return to profitability.
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