VRL LOGISTICS LIMITED

Management reported that VRL Logistics achieved a historic profit of Rs. 81 crores for Q1 FY27, marking an 18% increase in revenue from Rs. 751 crores to Rs. 885 crores. This growth was attributed to a 9% rise in freight rates and a 90% increase in volumes, driven by the expansion of the branch network. The company added 108 branches year-on-year and 16 branches in the current quarter. Despite challenges from rising fuel costs, management successfully passed these costs onto customers, maintaining EBITDA margins at 21.8%. The company also announced a buyback of shares worth Rs. 280 crores, with a focus on rewarding shareholders. Management set a goal of 8% volume growth for the full year, supported by ongoing network expansion and customer recovery. The earnings call concluded with management expressing optimism about future revenue growth and profitability.

Management emphasized strong financial performance and growth initiatives.