Segment | Revenue (₹ crores) | Details |
---|---|---|
Contract Logistics | 358 | Revenue growth driven by new account wins, sector-specific integration, and improved yields. |
B2B Express | 306 | Volume recovery in the second half of the year, network optimisation, and operational discipline helped set a firmer base for future scale-up. |
Freight Forwarding | N/A | 20% Y-o-Y revenue growth. Strategic expansion into UK, UAE, and South-East Asia Routes. |
Last-Mile Delivery | 381 | Exponential growth powered by eDel's EV-first fulfilment model. |
Mobility Services | 316 | Stable revenues from structured commute programs and EV-based shuttle solutions. |
Strategic Progress
Mahindra Logistics has been focusing on key strategic pillars to drive growth and efficiency:
- New Fulfilment Centres: Expansion in Eastern India with new centres in Kolkata, Guwahati, and Agartala.
- Digitisation & Technology: Embedded AI/ML in warehousing, EV modules, and ULIP.
- Expanded Offerings: Launch of Pro-Trucking long haul cargo solution.
- Physical Capacity: Expanded physical capacity to approximately 21 million sq. ft across India.
- Operational Excellence: Implementation of One Unified Brand.
Growth with Responsibility
The company is committed to sustainable and responsible growth, focusing on:
- People First: Capability building, inclusion, and engagement.
- Planet Positive: Reducing emissions, energy and water efficiency, and circular economy initiatives.
Rights Issue
Mahindra Logistics successfully executed a rights issue to further strengthen its financial position:
- Issue Size: ₹749.27 crores
- Issue Price: ₹277 per Equity Share (including a premium of ₹267 per share)
- Rights Entitlement Ratio: 3:8
Brands
The company's brand portfolio includes:
- RIVIGO
- WHIZARD
- ProTrucking
- eDel
- Alyte
- Meru