Mahindra Logistics Q2 FY27: revenue up 24.3% to Rs 2,095.4 Cr, PAT Rs 26.2 Cr as Express turns EBITDA positive
Q2 FY27 revenue up 24.3% to Rs 2,095.4 Cr, EBITDA up 45.7% to Rs 124.0 Cr, PAT Rs 26.2 Cr vs loss of Rs 10.4 Cr.
By ScoutQuest · · 1 min read
- Revenue
- Q2 FY27 revenue up 24.3% to Rs 2,095.4 Cr
- EBITDA
- EBITDA up 45.7% to Rs 124.0 Cr
- PAT
- PAT Rs 26.2 Cr vs loss of Rs 10.4 Cr
- Period
- Q2 FY27 and H1 FY27 (quarter and half year ended…
- Positioning
- Mahindra Logistics describes itself as an integrated logistics provider across contract logistics, express, last mile delivery, freight forwarding and mobility, with ~22 Mn sq ft of warehousing.
📉 Consolidated Q2 FY27 revenue was Rs 2,095.4 Cr, up 24.3% YoY, with EBITDA of Rs 124.0 Cr (5.9% margin) and PAT of Rs 26.2 Cr against a loss of Rs 10.4 Cr a year earlier. H1 FY27 revenue was Rs 4,098.3 Cr and PAT Rs 51.6 Cr; adjusted EBITDA after rent reversal was Rs 60.5 Cr (2.9%) for the quarter.
📉 Contract Logistics revenue grew 28.2% to Rs 1,687.8 Cr and Express grew 69.4% to Rs 169.4 Cr, with Express EBITDA turning to Rs 2.3 Cr from negative Rs 9.1 Cr. Freight Forwarding revenue fell 43.9% to Rs 50.6 Cr and Last Mile fell 22.6% as the company says it is prioritising profitable business.
💰 Management states ROCE rose to 12.9% in H1FY27 from 1.7% in H1FY26 and says the company is moving from turnaround to acceleration, focused on profitable growth and operational excellence.
🎯 The presentation lists four strategic imperatives: Contract Logistics scale-up into existing and new segments, Express turnaround, leadership in ops excellence, and technology including agentic-AI use cases. Operating cash flow for H1 was Rs 233.3 Cr versus negative Rs 35.6 Cr a year earlier.
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Mahindra Logistics Q2 FY27: EBITDA up 46% YoY to Rs. 124 crores, margin 5.9%
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More numbers
- Consolidated revenue, Q2 FY272,095.4 (Rs. Cr)
- Revenue growth YoY, Q2 FY27+24.3%
- EBITDA, Q2 FY27124.0 (Rs. Cr)
- PAT, Q2 FY2726.2 (Rs. Cr)
- PAT, Q2 FY26-10.4 (Rs. Cr)
- Revenue, H1 FY274,098.3 (Rs. Cr)
- PAT, H1 FY2751.6 (Rs. Cr)
- Adjusted EBITDA, Q2 FY2760.5 (Rs. Cr)
- Contract Logistics revenue, Q2 FY271,687.8 (Rs. Cr)
- Express revenue, Q2 FY27169.4 (Rs. Cr)
- ROCE, H1FY2712.9%
- Net cash from operating activities, H1 FY27233.3 (Rs. Cr)
- Total equity, Sep-261,234.4 (Rs. Cr)
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