Mahindra Logistics reports Rs 9 cr loss in Q1 - India Retailing

Coffee Day Enterprises shares plunged more than 19%, while Indian exporters on Amazon Global Selling experienced nearly 70% business growth during Prime Day 2023. Mahindra Logistics reported a consolidated net loss of Rs 9 crore for the April-June quarter of 2023-24, compared to a net profit of Rs 13 crore in the same period last year. Despite a slowdown in some markets, Mahindra Logistics remains optimistic about future demand and is focused on expanding its portfolio.

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