<h1>Mahindra Logistics Reports Q1 Financial Results and Appoints New Internal Auditor</h1>
Mahindra Logistics Limited announced its unaudited Consolidated and Standalone Financial Results for the first quarter ended June 30, 2026. The Board of Directors approved the results, which were also accompanied by the appointment of Mr. Vimal Agarwal as the company's Internal Auditor, effective July 20, 2026.
The unaudited Consolidated Financial Results and the Limited Review Report, issued by Deloitte Haskins & Sells LLP, cover the performance of Mahindra Logistics Limited and its subsidiaries and joint venture for the quarter.
Q1 Consolidated Financial Performance
The company recorded a Total Income from operations of 2,002.88 Crores in the first quarter ended June 30, 2026. Net Profit after tax attributable to shareholders stood at 27.83 Crores for the period.Consolidated segment information indicates that Supply Chain Management contributed the most significantly to revenue from operations at 1,891.92 Crores, while Enterprise Mobility Services generated 115.45 Crores. The overall Segment Results were 39.11 Crores before tax for Q1 FY2026.
The consolidated results summary is provided in the table below:
| Particulars | Quarter Ended 30-Jun-26 (Unaudited) | Year ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Unaudited) |
|---|---|---|---|
| Total Income from Operations | 2,002.88 Crores | 6,999.30 Crores | 1,624.59 Crores |
| Net Profit before Tax (after Exceptional items) | 39.06 Crores | 33.16 Crores | (5.82) Crores |
| Net Profit after Tax attributable to Shareholders | 27.83 Crores | 10.57 Crores | (9.44) Crores |
| Total Comprehensive Income attributable to Shareholders | 25.32 Crores | 4.09 Crores | (10.87) Crores |
Standalone Financial Results Overview
For the standalone results, Mahindra Logistics reported a Total Income from Operations of 1,654.89 Crores for the quarter ended June 30, 2026. The company achieved a Net Profit after tax of 29.00 Crores and a Total Comprehensive Income of 28.93 Crores.The standalone financial metrics for Q1 FY2026 are detailed as follows:
| Particulars | Quarter Ended 30-Jun-26 (Unaudited) | Year ended 31-Mar-26 (Audited) | Quarter Ended 30-Jun-25 (Unaudited) |
|---|---|---|---|
| Total Income from Operations | 1,654.89 Crores | 5,671.98 Crores | 1,345.82 Crores |
| Profit before Tax | 38.78 Crores | 58.20 Crores | 8.68 Crores |
| Profit after Tax | 29.00 Crores | 43.02 Crores | 6.44 Crores |
Governance Update: Internal Auditor Appointment
The Board of Directors approved the appointment of Mr. Vimal Agarwal as the company's Internal Auditor, effective July 20, 2026.Mr. Agarwal is a Chartered Accountant and holds an MBA, possessing 25 years of experience in finance, governance, and business strategy across multinational corporations and listed Indian entities. His professional background includes roles at PepsiCo India and as Chief Financial Officer (CFO) at Mahindra Holidays & Resorts. He currently serves as the Group Chief Internal Auditor of Mahindra Limited, the holding company of the organization.
The appointments are based on the recommendation of the Audit Committee, and both sets of results have been reviewed and approved by the respective Board committees.
MAHLOG Stock Price Movement
As of 1:39 PM, shares of Mahindra Logistics Limited are rallying to ₹418.90, climbing 8.15% in live trading on a significant day. The stock has seen substantial activity with approximately 1.53 million shares traded so far this session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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