VRL Logistics announces Rs 280 Cr buyback at Rs 320/share, Q1 PAT up around 61%
VRLLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 2.9 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved buyback of up to 87.5 lakh shares (5% of paid-up capital) at Rs 320 per share, aggregating up to Rs 280 crore via tender offer route. Promoters will not participate; 15% reserved for small shareholders; subject to shareholder approval through postal ballot. Q1 FY27 revenue rose about 18% to Rs 879 crore; PAT grew around 61% to roughly Rs 80.5 crore, with EPS at Rs 4.60.
Buyback at Rs 320 signals management confidence and offers a price floor; strong 61% PAT growth lifts sentiment. Promoters opting out is a mild negative.