External broker reports(aggregated public sources), Sharekhan

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External broker reports(aggregated public sources)

Equity Bottom-Up

Mahindra Logistics Ltd / Equity Bottom-Up

<ul><li>Sharekhan's research report onMahindra Logistics Consolidated revenue was marginally higher in Q4, led by healthy growth in the core standalone business and express business.</li><li>One-off expenses led to a miss on operating and net level.</li><li>Addition of new accounts continues while it remains steadfast on achieving EBITDA breakeven in the express business by Q2FY2025 end.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Sharekhan's research report onMahindra Logistics Consolidated revenue was marginally higher in Q4, led by healthy growth in the core standalone business and express business.One-off expenses led to a miss on operating and net level.Addition of new accounts continues while it remains steadfast on achieving EBITDA breakeven in the express business by Q2FY2025 end.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mahindra Logistics Ltd - A Mixed Q4; Stays On-Course to Achieve Profitable Growth