VRL Logistics Q2 FY27 results (Jul–Sep 2026) and concall

Services · Concall AI · Call held 5 Nov 2026

Company page: VRL Logistics share price, financials & guidance record

VRL Logistics delivered strong operating and financial results in Q2 FY27, marked by 20% YoY revenue growth to ₹967 crores and a 106% surge in PAT to ₹103 crores. Margin expansion of 367 bps to 23.3% at the EBITDA level was driven by earlier freight rate hikes (cumulative 9%), operating leverage, and disciplined cost control despite significant retail fuel inflation. The company continued its network expansion by adding 51 branches in Q2 (67 in H1 FY27), while strengthening its balance sheet by reducing net debt to ₹337 crores and completing a ₹280 crore share buyback.

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What they filed

Q2 FY27: net profit up 106.0% against the same quarter last year.

₹ Cr · quarterly

Line item	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27	Q2 FY27
Revenue	12	5	2	0	0 −100%	5 +0%	18 +800%	21
Expenses	659	622	593	646	657	675	692	741
EBITDA	166	187	152	151	170 +2%	177 −5%	187 +23%	221 +46%
Margin	20%	23%	20%	19%	21%	21%	21%	23%
Other income	6	3	6	7	4	6	6	5
Interest	24	26	26	24	22	23	23	24
Depreciation	65	64	65	65	68	64	62	64
Profit before tax	83	100	67	69	84 +1%	98 −2%	108 +61%	138 +100%
Tax rate	29%	25%	26%	28%	23%	26%	25%	25%
Net profit	59	74	50	50	65 +10%	72 −3%	81 +62%	103 +106%
EPS	3.40	4.25	2.86	2.85	3.70	4.12	4.60	5.89

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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