Stock Report

VRL Logistics Ltd Q2 FY2023-24 net profit slides to Rs. 19.71 crores

Posted On : 2023-11-06 22:58:37( TIMEZONE : IST )

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

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 715.3271 crores during the period ended September 30, 2023 as compared to Rs. 683.1005 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 19.7145 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 33.9453 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 2.25 for the period ended September 30, 2023 as compared to Rs. 3.88 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 715.3271 crs	₹683.1005 crs	4.72%
Net Profit	₹19.7145 crs	₹33.9453 crs	-41.92%
EPS	₹2.25	₹3.88	-42.01%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 715.3271 crores during the period ended September 30, 2023 as compared to Rs.656.6733 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.19.7145 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.31.4580 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.2.25 for the period ended September 30, 2023 as compared to Rs.3.56 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 715.3271 crs	₹656.6733 crs	8.93%
Net Profit	₹19.7145 crs	₹31.4580 crs	-37.33%
EPS	₹2.25	₹3.56	-36.80%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1398.4276 crores during the 6 Months period ended September 30, 2023 as compared to Rs.1273.9707 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.53.6598 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.80.8232 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.6.13 for the 6 Months period ended September 30, 2023 as compared to Rs.9.15 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1398.4276 crs	₹1273.9707 crs	9.77%
Net Profit	₹53.6598 crs	₹80.8232 crs	-33.61%
EPS	₹6.13	₹9.15	-33.01%

Shares of VRL Logistics Limited was last trading in BSE at Rs. 674.90 as compared to the previous close of Rs. 667.20. The total number of shares traded during the day was 8339 in over 501 trades.

The stock hit an intraday high of Rs. 682.45 and intraday low of 663.55. The net turnover during the day was Rs. 5603097.00.