New Delhi, Jan 29 (PTI) Mahindra Logistics Ltd (MLL), part of diversified Mahindra Group, today reported a 35 per cent rise in its profit after tax (PAT) at Rs 15.46 crore for the quarter ended December 31, 2017. Also Read - CAIT Announces Nationwide Movement Against New Amendments in GST and E-Commerce
The firm had reported a profit after tax of Rs 11.45 crore in the year ago period. Also Read - China Begins Anti-Monopoly Investigation Against Jack Ma's Alibaba Group
Total income of the company during October-December 2017 grew to Rs 836.50 crore from Rs 717.12 crore in the year-ago period, the company said in a BSE filing. Also Read - Govt Fines Amazon for Not Displaying Mandatory Info, Including Country of Origin, About Products
Its revenues during the said period were at Rs 812 crore as against Rs 699.62 during the same quarter a year ago.
MLL is an integrated third-party logistics (3PL) service provider, specialising in supply chain management and people transport solutions.
The company serves over 300 corporate customers across various industries like automobile, engineering, consumer goods and E-commerce.
This is published unedited from the PTI feed.