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Mahindra Logistics' MD & CEO Rampraveen Swaminathan On Quarterly Results & Growth Ahead

Mahindra Logistics' MD & CEO Rampraveen Swaminathan On Quarterly Results & Growth Ahead

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • Apr 24, 2024,
  • Updated Apr 24, 2024, 4:03 PM IST

 

Mahindra Logistics continues to face challenges as it registers its fifth consecutive quarterly loss, attributed to subdued volume growth in its core supply chain management business. In the quarter ending March 31, the company's consolidated net loss amounted to Rs 12.85 crore, a significant increase from Rs 0.82 crore loss reported a year earlier. Despite this, the company announced a dividend of Rs 2.50 per share. With 80% of its revenue coming from the automobile segment, Rampraveen Swaminathan, MD & CEO of Mahindra Logistics, discusses insights on the quarterly results and outlines growth strategies for FY25 in an exclusive interview with BTTV's Sakshi Batra.

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