'Consolidated net sales (including other operating income) of Mahindra Logistics for the quarter ended Dec 2023 has increased 5.09% to Rs 1397.23 crore.  Operating profit margin has declined from 4.72% to 3.74%, leading to 16.75% decline in operating profit to Rs 52.23 crore.  Employee cost increased from 7.11% to 7.71%.   Other expenses rose from 88.17% to 88.55%.   Other direct service cost rose from 85.31% to 85.50%.   Other income fell 59.50% to Rs 2.26 crore.  PBIDT fell 20.24% to Rs 54.49 crore.  Provision for interest rose 9.69% to Rs 16.42 crore.  PBDT fell 28.64% to Rs 38.07 crore.  Provision for depreciation rose 3.33% to Rs 51.46 crore.  Profit before tax reported loss of Rs 13.39 crore compared to profit of Rs 3.55 crore.  Share of profit/loss was 26.79% lower at Rs -0.71 crore.  Provision for tax was expense of Rs 6.83 crore, compared to Rs 1.88 crore.  Effective tax ra...

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