Mahindra Logistics Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Jul-2025.
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Mahindra Logistics has fixed Friday, 11 July 2025 as the record date for its final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY2024-25, subject to shareholder approval at the AGM on 21 July 2025. The company reported FY25 consolidated revenue of Rs. 6,104.83 crore, up about 11% year-on-year from Rs. 5,505.97 crore, while net loss narrowed to Rs. 30 crore from Rs. 53.09 crore. Q4 FY25 revenue came in at Rs. 1,569.51 crore with a loss of Rs. 5.29 crore, improving from a Rs. 11.91 crore loss a year ago. The board also cleared key leadership changes, with Hemant Sikka set to take over as MD & CEO from 5 May 2025, replacing Rampraveen Swaminathan who is stepping down to pursue other interests.
Shareholders holding shares by the 11 July 2025 record date will be eligible for the Rs. 2.50 per share dividend. While revenue growth and narrowing losses are positive, the stock remains loss-making, and investors will watch the new CEO transition closely. The dividend payout reflects management's confidence in cash flows despite ongoing profitability challenges.