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VRL Logistics shares surged by 20% to Rs 559 apiece on February 6, 2025, following the announcement of their impressive Q3FY25 results. The company reported a fourfold increase in net profit to Rs 59 crore, with a 12% year-on-year revenue growth to Rs 830 crore. This remarkable performance came from successful freight hikes and route optimization, which boosted realizations and improved margins.
Heavy trading volumes witnessed approximately 8 lakh shares changing hands on the NSE and BSE, significantly higher than the one-week average of 66,000 shares. Despite this recent surge, the stock had remained largely stagnant over the past three months.
VRL Logistics expanded its branch network from 1,209 in FY24 to 1,248 in 9MFY25, with a net addition of 39 branches. The company’s long-term ICRA credit rating remains stable at A+ (Positive).
