VRLLOGBSEVRL Logistics LtdHighNeutral
Announced Mon, 18 May · 13:27 IST

Pursuant to Regulation 30 and 33 of the SEBI(LODR) Regulations 2015, the Board considered and approved Audited Financial Results of the Company for quarter and year ended 31st March 2026.

Pat Growth 25pctAuditor Mid Year ChangeResults View source PDF

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AI summary

VRL Logistics reported audited results for FY26 ended March 2026. Full-year revenue from operations was ₹3,22,111 lakhs, up about 1.9% from ₹3,16,095 lakhs in FY25. Profit after tax (PAT) for the year stood at ₹23,683 lakhs, a significant jump of approximately 29.8% compared to ₹18,242 lakhs in the prior year. For Q4 FY26 standalone, revenue was ₹85,155 lakhs and PAT was ₹7,421 lakhs. The statutory auditor Walker Chandiok & Co LLP issued an unmodified (clean) audit opinion with no qualifications. Notably, the auditor changed from Kalyaniwalla & Mistry LLP (who audited FY25) to Walker Chandiok & Co LLP for FY26. A 1:1 bonus share issue was allotted on 18 August 2025, doubling the paid-up share capital from 87.47 million to 174.94 million shares of ₹10 each.

Likely market impact

Strong PAT growth of ~30% is positive for shareholders, while modest revenue growth of ~2% reflects a slower top-line environment. The clean audit opinion and absence of qualifications are reassuring. The bonus share allotment doubles the share count, which will halve EPS on a per-share basis going forward.