VRL Logistics Ltd — earnings calls

VRL Logistics reported Q1 FY27 revenue of Rs. 885 crores, up 18% year-on-year, with EBITDA rising 22% to Rs. 193 crores and PAT increasing to Rs. 81 crores from Rs. 50 crores. Management attributed the growth to a 9% increase in freight realization per ton and a 9% growth in tonnage, driven by branch network expansion and recovery of previously lost customers. The company also announced a share buyback of Rs. 280 crores at Rs. 320 per share, with promoters not participating.

VRL Logistics reported Q4 FY26 total income of Rs 859 crores, up around 6% year-on-year, with an EBITDA margin of about 21.4%, down 190 basis points from a year-ago quarter that management described as exceptional. For the full year FY26, total income was around Rs 3,245 crores with EBITDA margin of 20.8%, up nearly 190 basis points, and profit rose to Rs 237 crores from Rs 183 crores. Management discussed tonnage growth returning to positive territory in Q4, cost pressures from lorry hire, salary and vehicle running expenses, and plans to pass on rising fuel costs to customers through freight rate increases and fuel surcharges.