VRL Logistics inventory tanks 7% on weak June quarter present; revenue tumbles 61% | Information on Markets

Its high line or income from operations, nonetheless, rose 8 per cent Y-o-Y to Rs 727.2 crore in Q1FY25, from Rs 674.2 crore in Q1FY24. 

On the operational degree, earnings earlier than curiosity, tax, depreciation and amortisation (Ebitda) fell 15 per cent yearly to Rs 87 crore within the June quarter of FY25, from Rs 102 crore within the June quarter of FY24.

Consequently, Ebitda margin, also referred to as working revenue margin (OPM) , squeezed 300 foundation factors (bps) to 12 per cent in Q1FY25, from 15 per cent in Q1FY24. 

VRL Logistics is engaged in home items transportation and affords a spread of companies, together with bus operations, passenger air transport, energy gross sales, and buying and selling in licensed emission reductions (CERs) from wind vitality. 

With operations unfold nationwide throughout quite a few branches and transshipment hubs, the corporate stands out as a serious participant within the logistics sector.

Notably, VRL Logistics is the only main participant within the Much less-than-Truckload (LTL) phase, catering to shipments that do not fill a whole truck. Famend for its floor transportation capabilities, VRL Logistics additionally leads the business in parcel supply.

The corporate boasts the most important fleet within the business. In FY24, VRL operated 5,994 owned automobiles with a mixed carrying capability of 86,405 tonnes, up from 4,800 automobiles and 71,056 tonnes in FY22. Moreover, VRL has 216 trailers with a complete capability of 5,433 tonnes.

As of FY24, VRL operates 1,209 branches—up from round 950 in FY22—throughout 24 states and 5 Union Territories in India. The corporate has 50 strategically positioned hubs and employs a hub-and-spoke mannequin to maximise car capability utilisation.

The market capitalisation of VRL Logistics is Rs 4,841.38 crore, based on Bombay Inventory Alternate (BSE). 

First Revealed: Aug 05 2024 | 1:59 PM IST