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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.06 % in the past year, substantial increase in net sales/revenue by 4.31 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -97.22 %, Marginal increase in other income during this quarter, up by 58.09%.
- Profit over the Year and quarter: Challenges in sustaining profitability for VRL Logistics Limited. Profit dropped by -88.85 % Year to Year, VRL Logistics Limited’s profitability increased by 57.8 % in this quarter.
- EPS over the Year and quarter: EPS declined by -88.75 % Year to Year. EPS increased by 57.69 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 698.188 Cr | Rs. 736.672 Cr | Rs. 768.397 Cr | + 4.31 % | + 10.06 % |
Expenses | Rs. 584.1 Cr | Rs. 642.33 Cr | Rs. 663.06 Cr | + 3.23 % | + 13.52 % |
Operating Profit | Rs. 114.09 Cr | Rs. 94.34 Cr | Rs. 105.34 Cr | + 11.66 % | -7.67 % |
OPM % | 16.34 % | 12.81 % | 13.71 % | + 0.9 % | -2.63 % |
Other Income | Rs. 136.9 Cr | Rs. 2.41 Cr | Rs. 3.81 Cr | + 58.09 % | -97.22 % |
Interest | Rs. 13.28 Cr | Rs. 21.32 Cr | Rs. 21.76 Cr | + 2.06 % | + 63.86 % |
Depreciation | Rs. 45.28 Cr | Rs. 56.75 Cr | Rs. 58.28 Cr | + 2.7 % | + 28.71 % |
Profit before tax | Rs. 192.43 Cr | Rs. 18.68 Cr | Rs. 29.11 Cr | + 55.84 % | -84.87 % |
Tax % | 1.24 % | 26.93 % | 26.01 % | -0.92 % | + 24.77 % |
Net Profit | Rs. 193.18 Cr | Rs. 13.65 Cr | Rs. 21.54 Cr | + 57.8 % | -88.85 % |
EPS in Rs | Rs. 21.87 | Rs. 1.56 | Rs. 2.46 | + 57.69 % | -88.75 % |
Today, we’re looking at VRL Logistics Limited’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.06 %. However, it did see a marginal increase of 4.31 % from the previous quarter. Expenses ticked up slightly by 3.23 % quarter-on-quarter, aligning with the annual rise of 13.52 %. Operating profit, while down -7.67 % compared to last year, faced a quarter-on-quarter increase of 11.66 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.63 %, but an expansion of 0.9 % sequentially. Other income rose by 58.09 % compared to the last quarter, despite an annual decline of -97.22 %. Interest expenses surged remarkably by 2.06 % from the previous quarter, yet the year-over-year increase remains at a moderate 63.86 %. Depreciation costs climbed by 2.7 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.71 %. Profit before tax declined annually by -84.87 % but saw an increase from the preceding quarter by 55.84 %.
Tax expenses as a percentage of profits increased slightly by 24.77 % compared to last year, with a more notable quarter-on-quarter decrease of -0.92 %. Net profit fell by -88.85 % year-on-year but experienced a 57.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -88.75 % but a quarterly rise of 57.69 %. In summary, VRL Logistics Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 698.188 Cr | Rs. 736.672 Cr | Rs. 768.397 Cr | + 4.31 % | + 10.06 % |
Expenses | Rs. 584.1 Cr | Rs. 642.33 Cr | Rs. 663.06 Cr | + 3.23 % | + 13.52 % |
Operating Profit | Rs. 114.09 Cr | Rs. 94.34 Cr | Rs. 105.34 Cr | + 11.66 % | -7.67 % |
Net Profit | Rs. 193.18 Cr | Rs. 13.65 Cr | Rs. 21.54 Cr | + 57.8 % | -88.85 % |
EPS in Rs | Rs. 21.87 | Rs. 1.56 | Rs. 2.46 | + 57.69 % | -88.75 % |
In reviewing VRL Logistics Limited’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.06 % year-on-year growth, however, there was a minor increase of 4.31 % from the previous quarter. Expenses rose by 13.52 % compared to the previous year, with a 3.23 % increase quarter-on-quarter. Operating Profit dropped by -7.67 % annually, and saw a 11.66 % increase from the last quarter.
Net Profit showed yearly decrease of -88.85 %, and experienced a 57.8 % increase from the previous quarter. Earnings Per Share (EPS) fell by -88.75 % annually, however rose by 57.69 % compared to the last quarter. In essence, while VRL Logistics Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.