Stock Slides Despite Profit Turnaround
The sharp sell-off in Mahindra Logistics shares on Friday, despite robust financial results, has left investors puzzled. The stock plunged around 9 per cent to an intraday low of ₹402.85 on the NSE, bucking the positive operational trend.
Company Posts Strong Q4 and Full-Year Results
Mahindra Logistics posted better-than-expected numbers for the March 2026 quarter (Q4FY26). Net profit swung to ₹20.19 crore from a loss of ₹6.75 crore a year ago. Revenue for the quarter jumped 14.1 per cent year-on-year to ₹1,791.4 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) surged 44.6 per cent to ₹112.4 crore.
For the full fiscal year FY26, consolidated revenue climbed 14.7 per cent to ₹6,999.3 crore, with EBITDA up 32.5 per cent to ₹376.5 crore. The company returned to profitability with a net profit of ₹8.2 crore for the year, a significant improvement from a loss of ₹35.8 crore in FY25.
Dividend Recommended Amid Growth Confidence
The company's board of directors has recommended a final dividend of ₹2.50 per equity share for FY26, signaling management confidence in future performance. CEO Hemant Sikka cited stronger execution, operational rigour, and positive customer feedback as key drivers for the performance improvements, with notable growth in e-commerce and quick commerce segments.
