BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Mahindra Logistics Ltd.'s Q2 FY22 margin was lower than estimates, impacting profitability.
Revenue grew 22% YoY to Rs 1,019 crore, led by better-than-expected supply chain management segment performance.
Mahindra Logistics' Ebitda grew 34% to Rs 50 crore with margin at 4.9% (versus expected 5.6%).
However, profit after tax fell 37% YoY to Rs 9 crore (versus expected Rs 16 crore), as operating performance was impacted by higher interest and depreciation.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR