VRL Logistics Ltd Q1FY24 PAT lower at Rs. 33.94 crores

VRL Logistics Limited has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 683.1005 crores during the period ended June 30, 2023 as compared to Rs. 702.8799 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 33.9453 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 193.1770 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 3.88 for the period ended June 30, 2023 as compared to Rs. 21.87 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 683.1005 crs	₹702.8799 crs	-2.81%
Net Profit	₹33.9453 crs	₹193.1770 crs	-82.43%
EPS	₹3.88	₹21.87	-82.26%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 683.1005 crores during the period ended June 30, 2023 as compared to Rs.617.2974 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.33.9453 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.49.3652 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.3.88 for the period ended June 30, 2023 as compared to Rs.5.59 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 683.1005 crs	₹617.2974 crs	10.66%
Net Profit	₹33.9453 crs	₹49.3652 crs	-31.24%
EPS	₹3.88	₹5.59	-30.59%

Shares of VRL Logistics Limited was last trading in BSE at Rs. 680.20 as compared to the previous close of Rs. 719.00. The total number of shares traded during the day was 22578 in over 1842 trades.

The stock hit an intraday high of Rs. 726.50 and intraday low of 666.05. The net turnover during the day was Rs. 15642568.00.

Source : Equity Bulls

Keywords

VRLLogistics Q1FY24 ResultUpdate