Mahindra Logistics Limited (MLL), a leading third-party logistics (3PL) solution provider, has announced its financial results for the second quarter and half-year ended September 30, 2025, revealing a mixed performance across its standalone and consolidated operations.

Standalone Performance

On a standalone basis, MLL demonstrated resilience in a challenging market environment:

The company's standalone performance shows a positive trend, with profitable operations in both the quarter and half-year periods.

Consolidated Results

However, the consolidated results paint a different picture:

Despite robust revenue generation, MLL faced challenges at the consolidated level, reporting losses for both the quarter and half-year.

Rights Issue and Capital Allocation

In a significant move to strengthen its financial position, Mahindra Logistics successfully completed a rights issue during the quarter:

• 2,70,49,301 equity shares issued
• Price: ₹277 per share (including a premium of ₹267)
• Total funds raised: ₹749.27 crores
• Allotment date: August 18, 2025

The proceeds from the rights issue are earmarked for debt repayment and general corporate purposes, potentially improving the company's balance sheet and financial flexibility.

Dividend Distribution

MLL maintained its commitment to shareholder returns by paying a final dividend of ₹2.50 per equity share for the financial year 2025, resulting in a total outflow of ₹18.03 crores.

Segment Performance

The company's financial results reveal contrasting performances across its business segments:

1. Supply Chain Management: This segment faced headwinds, reporting a loss of ₹6.93 crores for Q2 FY2026.
2. Enterprise Mobility Services: In contrast, this segment remained profitable, contributing ₹1.56 crores to the bottom line for the same period.

Strategic Investments

MLL continued to invest in its subsidiaries during the quarter:

• Acquired 26,38,60,000 equity shares of MLL Express Services Private Limited for ₹263.86 crores.
• Purchased 20,20,000 equity shares of V-Link Freight Services Private Limited for ₹2.02 crores.

These investments align with the company's strategy to strengthen its position in the logistics sector.

Outlook

While Mahindra Logistics faces challenges in its consolidated performance, the company's standalone profitability and successful capital raise through the rights issue provide a foundation for potential future growth. The management's focus on debt repayment and strategic investments in subsidiaries suggests a long-term approach to enhancing shareholder value.

Investors and market observers will likely keep a close watch on how MLL leverages its fresh capital infusion to navigate the current market conditions and drive improvements in its consolidated performance in the coming quarters.

Mahindra Logistics Limited , a leading integrated logistics solutions provider in India, has made a significant move to strengthen its presence in Eastern India. The company has unveiled 400,000 square feet of new warehouse space, aimed at enhancing connectivity and meeting the growing demand for integrated logistics solutions in the region.

Strategic Expansion in the East

The expansion is part of Mahindra Logistics' 'Go-East' strategy, which focuses on capitalizing on the emerging industrial and trade opportunities in Eastern India. The company has introduced two state-of-the-art, Grade A warehousing facilities:

1. A 300,000 sq. ft. facility in Guwahati, Assam
2. A 130,000 sq. ft. facility in Agartala, Tripura

Guwahati Facility: North-East's Largest Multi-Client Warehouse

The Guwahati facility, spanning 300,000 sq. ft., stands out as the largest Grade-A multi-client warehousing facility in North-East India. Its strategic location offers several advantages:

• Just 500 meters from NH 17
• 11.7 km from Guwahati International Airport
• 7.1 km from Mirza Railway Station

This positioning allows efficient service to key industrial clusters and transport hubs in the region, including Uparhali, Palasbari, and Rampur Industrial Parks.

Agartala Facility: Strengthening Cross-Border Trade

The 130,000 sq. ft. facility in Agartala is strategically located to enhance connectivity with key consumption and production centers across Tripura, Mizoram, Meghalaya, and Manipur. It also serves as a critical platform for cross-border trade with Bangladesh, supporting just-in-time shipments and fast, reliable fulfillment.

Enhancing Regional Connectivity and Economic Growth

Hemant Sikka, Managing Director & CEO of Mahindra Logistics Limited, commented on the expansion: "Our 'Go-East' strategy, exemplified by these multi-client warehousing facilities launch in Guwahati and Agartala, redefines the logistics landscape across the country and solidifies the distribution network within Eastern India. A significant gateway to the Northeast, it expands our nationwide warehousing and distribution network to tier-II and tier-III cities, enhancing connectivity in the remotest locations of the region."

Key Features and Benefits

• The expansion is designed to accelerate economic growth in the region.
• It is expected to generate over 2,000 employment opportunities.
• The company aims to build a workforce with 50% diversity from local communities.
• The facilities will serve various industries, including e-commerce, FMCG, pharmaceuticals, automobiles, retail, and grocery.
• Mahindra Logistics will provide end-to-end solutions across warehousing, distribution, fulfillment, sortation, and delivery.
• Services will cover first, mid, and last mile, milk-run, express, and long-haul line haul services.

Community Center of Excellence

The Guwahati facility houses the region's first Community Center of Excellence, launched in partnership with the Logistics Skill Council under the Ministry of Skill Development & Entrepreneurship. This initiative underscores Mahindra Logistics' commitment to skill development in the region.

With this strategic expansion, Mahindra Logistics is well-positioned to capitalize on the growth opportunities in Eastern India, driven by transformative infrastructure developments across road, rail, ports, and waterways. The company's vision of creating a robust pan-India warehousing and distribution network is taking shape, promising to play a crucial role in India's economic growth and logistics efficiency.