Express business targeting EBITDA breakeven soon
Management stated they are 'very close' to EBITDA breakeven in the express logistics segment, without committing a specific timeline.
Mahindra Logistics · forward-looking guidance across the available source record.
Guidance tracker
Management stated they are 'very close' to EBITDA breakeven in the express logistics segment, without committing a specific timeline.
Commitment to reduce white space by 95% from 1.6M sq ft by September 2026, with current glide path on track.
Management guided for mid-to-high teens revenue growth in the express business for FY27, driven by volume and yield improvement.
Company evaluating two new segments and will enter one of them during FY27 to improve mix and profitability.