New Delhi, Apr 26 (PTI) Mahindra Logistics on Tuesday reported a 9 per cent decline in its net profit to Rs 11 crore for the quarter ended March.

It had posted a net profit of Rs 12 crore in the year-ago period, the company said in a statement.

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Revenue rose to Rs 1,073 crore in the quarter under review as compared to Rs 974 crore in the same period a year ago.

Mahindra Logistics Managing Director and CEO Rampraveen Swaminathan said the company continues to witness a challenging external environment with global supply chain volatility.

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Despite these headwinds, it remains focused on improving the operational efficiencies and margin expansion, he added.

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