Mahindra Logistics Ltd's H2FY18 consolidated net profit rises ~29% yoy to Rs28.9cr

India Infoline Research Team | December 04, 2017 09:32 IST

Logistics

Mahindra Logistics Ltd H2FY18

Consolidated Results H2FY18: (Rs. in crore)

H2FY18 YoY (%)
Revenue 1,688.40 37.4
EBITDA 52.60 46.9
EBITDA Margin (%) 3.1 21
Net Profit (adjusted) 28.90 29.6
***EBITDA margin change is bps
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Reco. Price

427

Last updated on

27-Nov-2017

Mahindra Logistics reported strong set of numbers for H2FY18 with revenue growth of 37.4% yoy to Rs1688.4cr on the back of new client acquisitions and expanding the existing relationships. EBITDA reported 46.9% yoy growth to Rs52.6cr. However, EBITDA margin remained flat at 3.1% (up 21bps yoy). PAT grew by 29.4% yoy to Rs28.9cr. 

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Technical View:

Mahindra Logistics Ltd is currently trading at Rs. 428, down by 2.4 points or 0.56% from its previous closing of Rs. 430.40 on the BSE.
The scrip opened at Rs. 432 and has touched a high and low of Rs. 432 and Rs. 419.85 respectively. So far 99,973(NSE+BSE) shares were traded on the counter. The stock is currently trading below its 200 DMA.

BSE 434.00 [0.70] ([0.16]%)
NSE 435.25 0.25 (0.06%)

***Note: This is a NSE Chart

 

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