VRL Logistics Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
VRLLOG · price
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VRL Logistics has submitted its unaudited financial results for the quarter and half year ended September 30, 2025, approved at the board meeting held on November 3, 2025. The results were reviewed by Walker Chandiok & Co LLP, with no qualifications flagged in the limited review report. Total equity stood at approximately ₹1,09,571 lakhs as on September 30, 2025, slightly down from ₹1,10,958 lakhs as on March 31, 2025, while total assets were ₹2,48,522 lakhs versus ₹2,58,564 lakhs in the previous comparison period. The company also confirmed the allotment of bonus equity shares in a 1:1 ratio on August 18, 2025, effectively doubling the paid-up share capital from 87.47 lakh shares to 174.94 lakh shares of ₹10 each. VRL operates as a single-segment goods transport business with no subsidiaries, associates, or joint ventures.
For shareholders, the key takeaway is the clean (unqualified) review report and the 1:1 bonus issue already executed in August 2025, which doubles the share count and may weigh on near-term per-share metrics. Mid-period auditor change from Kalyaniwalla & Mistry LLP to Walker Chandiok & Co LLP is worth tracking, along with the disclosed historical related-party property sale to a promoter entity, though that transaction falls in the prior fiscal year and is not part of H1 FY26 income.