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Mahindra Logistics on Tuesday posted 14.5 per cent rise in consolidated profit after tax at Rs 23.91 crore for the quarter ended March 31, 2019 as compared to a profit after tax (PAT) of Rs 20.88 crore in the year-ago period.
Total income during the quarter increased to Rs 1,016.59 crore from Rs 893.49 crore in the year-ago period.
“Mahindra Logistics added over Rs 400 crore to its topline and Rs 21 crore to its bottom line. We have achieved margin expansion because of efficiencies driven across segments,” CEO Pirojshaw Sarkari said.
Mahindra Logistics is an integrated third-party logistics service provider, specialising in supply chain management and people transport solutions.
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