New Delhi, Jan. 28 -- Mahindra Logistics share price surged by more than 14% during Wednesday's trading session following the release of its Q3 results. The company reported a net profit of Rs.3.25 crore in the third quarter, reversing a loss of Rs.9.03 crore in the same period last year, driven by strong revenue growth and enhanced operational performance.
Revenue increased by 19.1% year-on-year, reaching Rs.1,898 crore in Q3 FY26 compared to Rs.1,594.2 crore the previous year. EBITDA grew by 39.5% to Rs.102.79 crore from Rs.73.69 crore, which highlights improved execution and operational efficiency.
The EBITDA margin widened to 5.42% in the quarter, up from 4.62% in the previous year's quarter, demonstrating better cost control and ad...
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