VRL Logistics Ltd Q3FY24 PAT slides to Rs. 13.65 crores

VRL Logistics Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 739.08 crores during the period ended December 31, 2023 as compared to Rs. 715.3271 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 13.6506 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 19.7145 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 1.56 for the period ended December 31, 2023 as compared to Rs. 2.25 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 739.08 crs	₹715.3271 crs	3.32%
Net Profit	₹13.6506 crs	₹19.7145 crs	-30.76%
EPS	₹1.56	₹2.25	-30.67%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 739.08 crores during the period ended December 31, 2023 as compared to Rs.686.0160 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.13.6506 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.49.2004 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.1.56 for the period ended December 31, 2023 as compared to Rs.5.57 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 739.08 crs	₹686.0160 crs	7.74%
Net Profit	₹13.6506 crs	₹49.2004 crs	-72.26%
EPS	₹1.56	₹5.57	-71.99%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2137.5076 crores during the 9 Months period ended December 31, 2023 as compared to Rs.1959.9867 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.67.3104 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.130.0236 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.7.70 for the 9 Months period ended December 31, 2023 as compared to Rs.14.72 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹2137.5076 crs	₹1959.9867 crs	9.06%
Net Profit	₹67.3104 crs	₹130.0236 crs	-48.23%
EPS	₹7.70	₹14.72	-47.69%

Shares of VRL Logistics Limited was last trading in BSE at Rs. 706.45 as compared to the previous close of Rs. 729.20. The total number of shares traded during the day was 11305 in over 1216 trades.

The stock hit an intraday high of Rs. 747.95 and intraday low of 667.30. The net turnover during the day was Rs. 7921601.00.

Source : Equity Bulls

Keywords

VRLLogistics Q3FY24 9MFY24 ResultUpdate