Mahindra Logistics and Jan SFB have released their quarterly results. Mahindra Logistics' losses have seen a sharp decline of 38 percent compared to last year. At the same time, income has registered an increase of more than 11 percent during this period. EBITDA has increased by 24 percent on a year-on-year basis, while margins have also improved. At the same time, Small Finance Bank's profits have seen a decline of 21 percent.

How were the results of Mahindra Logistics?

 

According to the information given by the company, it has suffered a loss of Rs 9.6 crore in the second quarter. Which was Rs 15.5 crore a year ago. Income has increased by 11.4 percent on a year-on-year basis to Rs 1521 crore. Which was Rs 1365 crore a year ago. EBITDA has increased by 23.7 percent compared to last year and has increased from Rs 53.6 crore to Rs 66.3 crore. At the same time, the company's margins have been at 4.4 percent, which was 3.9 percent a year ago. The company has released its results after the market closed. In Monday's trading, the stock closed at 490 with a gain of more than half a percent. Jana SFB also released results Along with this, Jan Small Finance Bank has also released its results on Monday. The bank's profit has come down from Rs 122.8 crore to Rs 96.7 crore. At the same time, net interest income has increased from Rs 525.8 crore to Rs 594 crore. On a quarter-on-quarter basis, the bank's gross NPA has increased from 2.62 percent to 2.97 percent. At the same time, net NPA remains unchanged at 0.99 percent.