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Supply chain and logistics

Mahindra Logistics reports standalone PAT of Rs 19 cr in Q2 FY24

The company had posted a standalone PAT of Rs 11 crore in the July-September period of FY23, MLL said in a statementMumbai: Mahindra Logistics Ltd on Monday reported 73 per cent growth year-on-year in standalone Profit After Tax (PAT)...

Snowman Logistics registers 48% growth in revenue in Q1 FY23-24

EBITDA increased to Rs 25.42 crore from Rs 21.26 crore, registering a 20% growth for the same period in the previous year and PAT increased to Rs 3.38 crore from Rs 1.89 crore in the corresponding quarter of the...

TVS Supply Chain Solutions gets Sebi nod to float IPO

The IPO comprises a fresh issue of equity shares aggregating up to Rs 750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and existing shareholders, according to the draft red herring prospectus New...

Mahindra Logistics reports Rs 9 cr loss in Q1

It had posted Rs 13 crore net profit in the corresponding period of 2022-23, according to a BSE filingNew Delhi: Mahindra Logistics on Monday posted a consolidated net loss of Rs 9 crore for April-June 2023-24.It had posted Rs...

Future Enterprises CoC re-constituted, claims over Rs 12,265 cr from financial creditors admitted

The interim resolution professional (IRP) has received claims of Rs 7,014.83 crore from 22 secured financial creditors of FELNew Delhi: Taking a step forward for debt resolution, the interim resolution professional of debt-ridden Future Enterprises Ltd (FEL) has reconstituted...

PE firm Carlyle offloads entire stake in Delhivery for Rs 709 cr

Carlyle through its special-purpose vehicle CA Swift Investments sold the shares of Delhivery in 11 tranchesNew Delhi: US-based private equity firm Carlyle on Thursday offloaded its entire 2.53% stake in supply chain company Delhivery for Rs 709 crore through...
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Ecom Express forms strategic tieup with drone firm Skye Air

This collaboration represents a significant step forward in the logistics industryNew Delhi: Logistics operator Ecom Express said on Tuesday...
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