VRL Logistics (VRLLOG) Q2 24/25 earnings summary
Event summary combining transcript, slides, and related documents.
Q2 24/25 earnings summary
18 Dec, 2025Executive summary
Achieved strong revenue growth and improved profit margins in Q2 FY25, driven by successful freight rate hikes, operational efficiencies, and effective cost management.
Overcame Q1 disruptions (labor shortages, driver leaves, heatwave) to restore normal operations and enhance vehicle utilization.
Robust cash flow and strategic cost management supported future growth and investments, with net cash from operating activities rising to ₹21,653 lakhs in H1 FY25.
Approved unaudited financial results for Q2 and H1 FY25, with board and audit committee review and auditor's limited review confirming compliance.
Interim dividend of ₹5 per equity share declared, with record date set for 22 November 2024 and payment by 29 November 2024.
Financial highlights
Revenue for Q2 FY25 was ₹80,198 lakhs, up 12% year-over-year; H1 FY25 revenue reached ₹154,400 lakhs, up 10% year-over-year.
EBITDA rose 39% year-over-year to ₹13,500 lakhs, with margin improving to 16.9% in Q2 FY25.
PAT for Q2 FY25 was ₹3,582 lakhs, up 80% year-over-year; H1 FY25 PAT was ₹4,926 lakhs.
Net cash from operations increased to ₹21,653 lakhs in H1 FY25.
Earnings per share for Q2 FY25 stood at ₹4.09, up from ₹2.25 in Q2 FY24.
Outlook and guidance
Expecting 4-5% turnover growth in H2 FY25, with sustainable EBITDA margins at current levels.
FY26 revenue growth anticipated at 8-10% or higher, depending on industry trends and further volume increases.
Focus remains on core goods transportation, expanding geographic presence, and volume growth.
No further price hikes planned unless cost structure changes; focus will shift to volume growth.
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