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(02/06/2025 12:00)

Maheshwari Logist Q4 net profit jumps 83.58% at Rs 6.26 cr

The company reported standalone net profit of Rs 6.26 crore for the quarter ended March 31, 2025 as compared to Rs 3.41 crore in the same period last year, registering a year-on-year growth of 83.58 per cent.

Net revenue of the company declined marginally by 2.66 per cent at Rs 249.11 crore in January-March quarter of this fiscal as against Rs 255.92 crore in the corresponding period last year.

During January-March quarter, operating expenses dropped by 4.40 per cent to Rs 232.21 crore from Rs 242.89 crore in year ago period.

Other Income grew by 45.74 per cent at Rs 2.74 crore versus (Mar'24 Rs 1.88 crore).

Operating Profit surged by 29.70 per cent to Rs 16.90 crore as against Rs 13.03 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 33.20 per cent in March quarter.

Interest declined by 0.72 per cent y-o-y to Rs 8.24 crore, while Taxation increased by 503.85 per cent at Rs 1.05 crore (Mar'24 Rs -0.26 crore).