MAHLOG2023-07-012023-09-30 MAHLOG2023-07-012023-09-30 MAHLOG2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member MAHLOG2023-07-012023-09-30in-bse-fin:OneOperatingExpenses02Member MAHLOG2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member MAHLOG2023-07-012023-09-30in-bse-fin:FourOperatingExpenses02Member MAHLOG2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540768 MAHLOG NOTLISTED Mahindra Logistics Limited Equity 2023-04-01 2024-03-31 2023-10-23 2023-10-12 INR Crores Half yearly 14:45:00 17:25:00 2023-10-23 2023-10-23 true Cash Flow Indirect Not applicable Single segment Supply Chain Management 2023-07-01 2023-09-30 Unaudited Standalone 11356300000.00 59000000.00 11415300000.00 0.00 0.00 0.00 727100000.00 105600000.00 436900000.00 9889700000.00 11159300000.00 256000000.00 0.00 256000000.00 66000000.00 3600000.00 69600000.00 0.00 186400000.00 0.00 0.00 0.00 0.00 186400000.00 -600000.00 185800000.00 0.00 0.00 720400000.00 10 2.59 2.58 0.00 0.00 2.59 2.58 1.The Unaudited Standalone Financial Results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective Meetings held on 23rd October, 2023. In compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations ), limited review of the above results has been carried out by the statutory auditors of the Company. 2.The Unaudited Standalone 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.Consequent to sale / transfer of the Enterprise Mobility business to MLL Mobility Private Limited effective 1st October, 2022, the Company operates in a single segment i.e. Supply Chain Management. Segment results of the previous periods (quarter and half year ended 30th September, 2022) are reported as per the published results for the said period. 4.Pursuant to Business Transfer Agreement (BTA) with MLL Express Services Private Limited (MESPL), wholly-owned subsidiary of the Company for sale / transfer of its Express Network business as a going concern on slump exchange basis, effective 1st April, 2023, for a lump sum consideration of Rs. 20.83 crores, MESPL allotted 2,08,32,222 equity shares of Rs. 10 each fully paid on 31st July, 2023. The Company has recognised gain of Rs. 1.50 crores as an 'exceptional item' in the results. Additionally, on 23rd August, 2023, the Company acquired 3,00,00,000 equity shares of Rs. 10 each fully paid pursuant to the rights offer made by MESPL amounting to Rs. 30 crores for cash consideration. 5.The Board of Directors had recommended final dividend of Rs 2.50 per equity share for the year ended 31st March, 2023 at its meeting held on 24th April, 2023 which has been approved by the Shareholders at the 16th Annual General Meeting held on 24th July, 2023. The aforesaid dividend was paid during the quarter ended 30th September, 2023 and resulted in a cash outflow of Rs. 18.01 crores. 6.Figures for the corresponding previous periods have been regrouped / reclassified wherever necessary to facilitate comparison. Single segment 2023-04-01 2023-09-30 Unaudited Standalone 21865500000.00 95000000.00 21960500000.00 3900000.00 0.00 0.00 1433800000.00 224300000.00 891100000.00 18855700000.00 21408800000.00 551700000.00 15000000.00 566700000.00 161200000.00 -10600000.00 150600000.00 0.00 416100000.00 0.00 0.00 0.00 0.00 416100000.00 -1300000.00 414800000.00 0.00 0.00 720400000.00 10 5.78 5.76 0.00 0.00 5.78 5.76 Operating Expenses 9610600000.00 Other Expenses 279100000.00 Operating Expenses 18357200000.00 Other Expenses 498500000.00 5287000000.00 44100000.00 0.00 0.00 91000000.00 5700000.00 0.00 0.00 2456800000.00 0.00 44000000.00 918600000.00 3419400000.00 252600000.00 195100000.00 9294900000.00 200000.00 0.00 5070100000.00 316000000.00 100000.00 0.00 4615300000.00 10001500000.00 902700000.00 757900000.00 11662300000.00 0.00 0.00 20957200000.00 720400000.00 5807500000.00 6527900000.00 6527900000.00 0.00 0.00 2785800000.00 2785800000.00 146200000.00 0.00 0.00 54400000.00 2986400000.00 250000000.00 9611800000.00 1380400000.00 11242200000.00 127100000.00 37100000.00 36500000.00 0.00 11442900000.00 0.00 0.00 14429300000.00 20957200000.00 224300000.00 3900000.00 -1081100000.00 0.00 0.00 0.00 0.00 0.00 0.00 614900000.00 0.00 0.00 0.00 891100000.00 0.00 3800000.00 0.00 0.00 0.00 0.00 0.00 34000000.00 11500000.00 -11200000.00 0.00 0.00 47500000.00 16300000.00 0.00 687000000.00 1253700000.00 0.00 0.00 0.00 -123500000.00 0.00 1377200000.00 0.00 300000000.00 0.00 0.00 0.00 0.00 0.00 0.00 21300000.00 372700000.00 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 0.00 13700000.00 0.00 661600000.00 0.00 23900000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1250000000.00 0.00 0.00 180100000.00 46700000.00 0.00 -754700000.00 -2231500000.00 -830400000.00 0.00 -830400000.00 1146400000.00 316000000.00 -900000.00 -1800000.00 -300000.00 -500000.00