Mahindra Logistics Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report '.In compliance with Regulation 34(2)(f) of the SEBI Listing Regulations, please find enclosed herewith the Business Responsibility and Sustainability Report ( BRSR ) of the Company for the financial year 2024-25.
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Awaiting price reaction for this filing.
Mahindra Logistics has filed its Business Responsibility and Sustainability Report (BRSR) for FY 2024-25 with the exchanges, as required under SEBI Regulation 34(2)(f). The report is on a standalone basis, with voluntary limited assurance provided by SGS India. The company's turnover stood at ₹5,012.56 crore with a net worth of ₹697.87 crore, and 75% of revenue comes from freight transport while warehousing accounts for the remaining 25%. The company employs 4,098 people (89% male, 11% female) and has 15 facilities across 5 states. On sustainability, MLL has 4.1 million sq ft of renewable energy-powered warehousing (about 41% of its total), 1,500+ EVs in its last-mile delivery fleet, and is committed to achieving carbon neutrality by 2040 under the Science Based Targets initiative.
This is a routine annual ESG/regulatory disclosure and is unlikely to move the stock price on its own. It reinforces the company's sustainability credentials for ESG-focused investors and shows steady progress on green warehousing and EV adoption. The only minor watchpoint is an ongoing Telangana VAT penalty case with ₹3.50 crore disputed, of which ₹1.75 crore is currently stayed by the High Court.