Stock Analysis

Mahindra Logistics Full Year 2024 Earnings: EPS Misses Expectations

Simply Wall St

April 24, 2024

Mahindra Logistics (NSE:MAHLOG) Full Year 2024 Results

Key Financial Results

Revenue: ₹55.2b (up 7.7% from FY 2023).
Net loss: ₹547.4m (down by 308% from ₹262.8m profit in FY 2023).
₹7.60 loss per share (down from ₹3.65 profit in FY 2023).

earnings-and-revenue-growth — NSEI:MAHLOG Earnings and Revenue Growth April 24th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mahindra Logistics EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Logistics industry in India.

Performance of the Indian Logistics industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Mahindra Logistics you should be aware of, and 1 of them doesn't sit too well with us.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.