India's Mahindra Logistics falls on bigger than expected Q2 loss

Mahindra Logistics

28/10/2025 08:13

Corrects third bullet to say brokerage had expected a profit of 75 million rupees, not a loss of 75 million rupees; removes extraneous words from headline

** Shares of India's Mahindra Logistics MALO.NS fall 2% to 347 rupees, on track for fourth straight session of losses

** Co's Q2 loss narrows to 103.5 million rupees

** Motilal Oswal says had expected co to post a profit of 75 million rupees

** Adds co posted "dismal" results yet again

** Co's revenue rises 11% y/y, in line with brokerage expectation

** MALO rated "hold" on avg by 9 analysts covering it; median PT at 319 rupees- data compiled by LSEG

** YTD, MALO trading flat

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))