VRL Logistics standalone net profit declines 88.85% in the March 2024 quarter

Sales rise 10.06% to Rs 768.40 crore

Net profit of VRL Logistics declined 88.85% to Rs 21.54 crore in the quarter ended March 2024 as against Rs 193.18 crore during the previous quarter ended March 2023. Sales rose 10.06% to Rs 768.40 crore in the quarter ended March 2024 as against Rs 698.19 crore during the previous quarter ended March 2023.

For the full year,net profit declined 72.51% to Rs 88.85 crore in the year ended March 2024 as against Rs 323.20 crore during the previous year ended March 2023. Sales rose 9.07% to Rs 2888.62 crore in the year ended March 2024 as against Rs 2648.52 crore during the previous year ended March 2023.

Particulars	Quarter Ended			Year Ended
?	Mar. 2024	Mar. 2023	% Var.	Mar. 2024	Mar. 2023	% Var.
Sales	768.40	698.19	10	2888.62	2648.52	9
OPM %	13.71	16.34	-	13.62	15.17	-
PBDT	87.39	105.51	-17	336.66	361.66	-7
PBT	29.11	60.23	-52	120.50	202.52	-40
NP	21.54	193.18	-89	88.85	323.20	-73

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