MAHLOG2024-01-012024-03-31 MAHLOG2024-01-012024-03-31 MAHLOG2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member MAHLOG2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member MAHLOG2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member MAHLOG2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member MAHLOG2024-03-31 MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member MAHLOG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member MAHLOG2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member MAHLOG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member MAHLOG2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHLOG2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MAHLOG2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MAHLOG2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540768 MAHLOG NOTLISTED Mahindra Logistics Limited Equity 2023-04-01 2024-03-31 2024-04-22 2024-04-13 INR Crores Yearly 14:34:00 17:31:00 2024-04-22 2024-04-22 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Consolidated 14507600000.00 28800000.00 14536400000.00 0.00 0.00 0.00 937800000.00 174300000.00 512800000.00 13003700000.00 14628600000.00 -92200000.00 0.00 -92200000.00 63400000.00 -36500000.00 26900000.00 0.00 -119100000.00 0.00 0.00 0.00 0.00 -119100000.00 8300000.00 -110800000.00 -128500000.00 9400000.00 -119800000.00 9000000.00 720400000.00 10 -1.78 -1.78 0.00 0.00 -1.78 -1.78 1. The Consolidated Financial Results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective Meetings held on 22nd April, 2024. The statutory auditors have performed audit of the consolidated financial results for the year ended 31st March, 2024 and limited review of financial results for the quarter ended 31st March, 2024 and have issued an unmodified opinion. 2. The Consolidated Financial Results have been prepared and published in accordance with the Indian Accounting Standards, Section 133 of the Companies Act, 2013 read with Rules framed thereunder and Regulation 33 of SEBI Listing Regulations, as amended from time to time. 3. The Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) vide its order dated 7th March 2024 has sanctioned the Scheme of Merger by Absorption of V-Link Automotive Services Private Limited (“VASPL”) and V-Link Fleet Solutions Private Limited (“VFSPL”) (together referred to as “Transferor Companies”) with MLL Mobility Private Limited (“Transferee Company”, MMPL ) and their respective shareholders (“Scheme”) under the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Act”) read with the Rules framed thereunder. The above mentioned Transferor Companies as well as the Transferee Company are wholly owned subsidiaries of the Company. Consequent to the Scheme being effective w.e.f 1st April, 2023 (The Appointed Date) (i) VASPL and VFSPL being the Transferor Companies stands dissolved and ceased to be the subsidiaries of the Company with effect from 28th March 2024; and (ii) MMPL being the Transferee Company, will discharge the consideration mentioned in the Scheme, by way of issuance and allotment of 1,79,470 equity shares of Rs. 10 each to the Company in lieu of its shareholding held in the Transferor Companies. MMPL continues to remain as a wholly owned subsidiary of the Company, post issuance and allotment of its equity shares to the Company, as mentioned above. 4. The figures of the last quarter ended 31st March, 2024 are the balancing figures between audited figures in respect of the full financial year and published year to date figures upto the third quarter of the respective financial years and there are no material adjustments made in the results of the quarter ended 31st March, 2024 which pertain to earlier periods. These have been subjected to limited review by the auditors. 5. The Board has recommended a dividend of Rs. 2.50 per share on equity share of Rs. 10 each (25%) subject to approval of members of the company at the forthcoming Annual General Meeting. 6. Figures for the corresponding previous periods have been regrouped/reclassified wherever necessary to facilitate comparison. Multi segment 2023-04-01 2024-03-31 Audited Consolidated 55059700000.00 179000000.00 55238700000.00 4100000.00 0.00 0.00 4047000000.00 681600000.00 2089900000.00 48718200000.00 55540800000.00 -302100000.00 38200000.00 -263900000.00 291300000.00 -34500000.00 256800000.00 0.00 -520700000.00 0.00 0.00 0.00 -10200000.00 -530900000.00 6400000.00 -524500000.00 -547400000.00 16500000.00 -540600000.00 16100000.00 720400000.00 10 4204200000.00 -7.60 -7.60 0.00 0.00 -7.60 -7.60 Operating Expenses 12395300000.00 Other expenses 608400000.00 Operating Expenses 46875900000.00 Other expenses 1842300000.00 117700000.00 5520800000.00 160500000.00 587600000.00 2253500000.00 1900000.00 0.00 0.00 0.00 0.00 0.00 871600000.00 871600000.00 453000000.00 439000000.00 10287900000.00 0.00 58600000.00 7019000000.00 243900000.00 466800000.00 0.00 4642700000.00 12431000000.00 1080900000.00 972200000.00 14484100000.00 24772000000.00 720400000.00 4204300000.00 4924700000.00 5042400000.00 2236000000.00 0.00 2719900000.00 4955900000.00 336200000.00 0.00 0.00 0.00 5292100000.00 1149500000.00 11111900000.00 1781100000.00 14042500000.00 270600000.00 87900000.00 36500000.00 0.00 14437500000.00 0.00 0.00 19729600000.00 24772000000.00 In furtherance to the full results and outcome of Board Meeting submitted by the Company on 22 April 2024 in PDF and XBRL form, the Company has on 29 April 2024 submitted the clarification on Annual Audited Consolidated and Standalone Financial Results of the Company for the fourth quarter and financial year ended 31 March 2024 pursuant Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the SEBI Listing Regulations”), in the Consolidated Balance Sheet as at 31 March 2024, there was an inadvertent error in the amounts of classification of “(iii) Trade Payables” between “a) Due to Micro and Small Enterprises” and “b) Other than Micro and Small Enterprises”. The actual amounts vis-à-vis the amounts disclosed are as under: Trade Payables as per Submissions on 22 April 2024 a) Due to Micro and Small Enterprises – Rs 82.29 Crores b) Other than Micro and Small Enterprises – Rs. 1,028.90 Crores c) Total Trade Payables – Rs 1,111.19 Crores Actual Trade Payables as per clarification submitted on 29 April 2024 a) Due to Micro and Small Enterprises – Rs 102.17 Crores b) Other than Micro and Small Enterprises – Rs. 1009.02 Crores c) Total Trade Payables – Rs 1,111.19 Crores There is no change in the overall “Trade Payables” balance in the Consolidated Balance Sheet as at 31 March 2024. Further, other than the changes mentioned in the above classification of Trade Payables, there are no other changes in the Consolidated and Standalone Financial Results for the fourth quarter and financial year ended 31 March 2024, submitted on 22 April 2024. The aforesaid changes do not have any impact on the consolidated Total Assets and Total Liabilities as on 31 March 2024 or on the Profit for the financial year 31 March 2024. Enterprise Mobility Services 784200000.00 Supply Chain Management 13723400000.00 Enterprise Mobility Services 3280500000.00 Supply Chain Management 51779200000.00 14507600000.00 55059700000.00 0.00 0.00 14507600000.00 55059700000.00 Enterprise Mobility Services 21500000.00 Supply Chain Management -113700000.00 Enterprise Mobility Services 17800000.00 Supply Chain Management -281700000.00 -92200000.00 -263900000.00 0.00 0.00 0.00 0.00 -92200000.00 -263900000.00 Enterprise Mobility Services 1033400000.00 Supply Chain Management 23738600000.00 24772000000.00 0.00 24772000000.00 Enterprise Mobility Services 698100000.00 Supply Chain Management 19031500000.00 19729600000.00 0.00 19729600000.00 681600000.00 4100000.00 -739300000.00 0.00 0.00 0.00 0.00 0.00 0.00 422800000.00 0.00 0.00 0.00 2089900000.00 0.00 224800000.00 0.00 0.00 0.00 0.00 0.00 47600000.00 28600000.00 -52900000.00 0.00 0.00 102600000.00 -52700000.00 0.00 2661900000.00 2398000000.00 0.00 0.00 0.00 129400000.00 0.00 2268600000.00 0.00 0.00 0.00 0.00 100000.00 151600000.00 0.00 0.00 0.00 709400000.00 92400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 44100000.00 0.00 198900000.00 0.00 -525500000.00 0.00 0.00 0.00 0.00 0.00 0.00 100000.00 0.00 0.00 655400000.00 0.00 1607400000.00 180100000.00 318400000.00 0.00 0.00 -2761200000.00 -1018100000.00 0.00 -1018100000.00 1262000000.00 243900000.00 12200000.00 9600000.00 3900000.00 3200000.00 0.00 0.00