Mahindra Logistics on Monday reported a net loss of Rs 8.30 crore during the fiscal first quarter of financial year 2023-24 as against a profit of Rs 13.64 crore during the same period last year. It posted revenue from operations at Rs 1,293.22 crore, up 7.8 per cent in
comparison to Rs 1,199.90 crore during the first quarter of FY23.  The company posted total income of Rs 1,299.40 crore during the quarter in review, up 8 per cent from Rs 1,202.99 crore during the first quarter of FY23. However, Mahindra Logistics posted total expenses during the quarter at Rs 1,298.83 crore, up 9.7 per cent on-year as against Rs 1,184.02 crore during Q1FY23. The company EBITDA was up 1.4 per cent YoY at Rs 66.7 crore during the quarter.