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VRL Logistics falls 7% as investors flock to book profit post strong Q2 nos

Business Standard LogoBusiness Standard1w ago

VRL Logistics falls 7% as investors flock to book profit post strong Q2 nos - Business Standard

Quick Summary:

VRL Logistics' profit rose 81.7 per cent year-on-year (Y-o-Y) to Rs 35.8 crore in Q2FY25, from Rs 19.7 crore in Q2FY24.

One of VRL's core offerings is goods transportation, where it provides full truckload (FTL) and less-than-truckload (LTL) solutions to accommodate both large and small shipments.

Consequently, Ebitda margin expanded 360 basis points (bps) to 16.6 per cent in Q2FY25, from 13 per cent in Q2FY24.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 12:50:30 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23581798

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 200 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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