Mahindra Logistics swings to Q3 loss of Rs 17.41 cr on weak supply chain.
Mon, Jan 29, 2024 6:56 PM

Mahindra Logistics swings to Q3 loss of Rs 17.41 cr on weak supply chain.

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Mahindra Logistics, a supply chain management company, reported a consolidated net loss of Rs 17.41 crore in the quarter ending December 2023 compared to a net profit of Rs 1.39 crore in the previous year. This was due to weak performance in the supply chain business, which recorded a loss of Rs 9.94 crore. The enterprises mobility business, however, saw a profit.

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