BSE
Your Result on : Company News Details
Mahindra Logistics Ltd Industry :  Miscellaneous
BSE Code
540768
ISIN Demat
INE766P01016
Book Value (Rs)
146.0481798
NSE Symbol
MAHLOG
Divident Yield %
0.56
Market Cap
(Rs In Cr.)
3,197
P/E (TTM)
80.58
EPS (TTM)
4
Face Value
(Rs)
10
Back
Mahindra Logistics jumps on launch of Alyte urban mobility service
11-Aug-25   Hrs IST

The service, launched in Delhi NCR, offers airport-to-city, in-city, and outstation rides, with expansion planned for Noida International Airport, Mumbai, Bangalore, Hyderabad, and other metropolitan cities.

Alyte consolidates the company's people mobility services under one brand and includes two categories: Privé, featuring premium electric vehicles, and Select, offering sedans and SUVs. Rides can be booked through the Alyte mobile application, which provides live GPS tracking, secure payments, and 24/7 human customer support.

The service offers assured rides, fixed pricing without surcharges, no cancellations, and trained drivers. Alyte has previously catered to corporate clients under Mahindra Logistics Mobility Enterprise Solutions.

Hemant Sikka, managing director & CEO, Mahindra Logistics, said, 'India’s mobility ecosystem stands at an inflection point—demanding new standards in safety, comfort, reliability, and service excellence. With Alyte, we are building on a trusted legacy to reimagine urban and airport mobility through a premium, tech-enabled platform that shapes the future of people mobility.'

Mahindra Logistics is an integrated third-party logistics (3PL) service provider, specialising in supply chain management and enterprise mobility. The company pursues an “asset-light” business model, providing customised and technology enabled solutions that span across the supply chain and people mobility services.

On a consolidated basis, Mahindra Logistics reported net loss of Rs 10.80 crore in Q1 June 2025 as against net loss of Rs 9.32 crore in Q1 June 2024. Net sales rose 14.41% YoY to Rs 1624.59 crore in Q1 June 2025.

Risk Factor   |   Terms & Conditions   |   Privacy Policy   |   Disclaimer   |  Sitemap 
Important Links:   SEBI   |   NSE   |   BSE   |   MCX   |   NCDEX   |   NSDL   |   CDSL  |   FMC
SMS FINANCIAL SERVICES P. LTD -NSE SEBI No. AP1413004363 | BSE SEBI No. AP01091801121968
Ganesh S Shanbhag – AMFI Registered Mutual Fund Distributor. Registration Number – ARN-0988 – Valid Till 01/JUL/ 2027, Date of initial registration: 02/DEC/2004
2017-18 © SMS Financial Services. All rights reserved. Designed, developed & powered by C-MOTS Infotech (ISO 9001:2015 certified)