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VRL Logistics reports 54% fall in Q2 net profit

28 Oct 2016 Evaluate

VRL Logistics has reported results for second quarter ended September 30, 2016.

The company has reported 53.74% fall in its net profit at Rs 13.87 crore for the quarter under review as compared to Rs 29.98 crore for the same quarter in the previous year. However, total income of the company increased by 5.25% at Rs 452.41 crore for the quarter under review as compared Rs 429.85 crore for the corresponding quarter previous year.

VRL is one of the leading providers of transportation and logistics service for goods and passenger transportation services in India.  Over the years VRL has pioneered in providing a safe and reliable delivery network in the field of parcel service. It has spread its operations to courier service, express cargo and aviation to meet the growing demand of the burgeoning customer base.

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