VRL Logistics Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	31,609	28,886	26,485	21,636	17,629
Other Revenue	254.59	132.51	60.81	35.25	-
Revenue	31,864	29,019	26,546	21,671	17,629
Revenue Growth (YoY)	9.80%	9.31%	22.50%	22.93%	-16.79%
Cost of Revenue	25,445	24,299	21,936	17,463	14,710
Gross Profit	6,419	4,719	4,610	4,208	2,920
Selling, General & Admin	-	14.57	18.47	15.8	6.18
Other Operating Expenses	434.58	605.21	463.37	355.27	383.26
Operating Expenses	2,971	2,781	2,073	1,816	1,987
Operating Income	3,448	1,938	2,536	2,392	932.17
Interest Expense	-948.38	-778.04	-542.66	-420.62	-366.16
Interest & Investment Income	-	18.74	27.63	35.83	22.28
Currency Exchange Gain (Loss)	-	0.04	0.74	-2.23	-
Other Non Operating Income (Expenses)	-	-0.61	-0.73	-0.96	42.05
EBT Excluding Unusual Items	2,500	1,178	2,021	2,004	630.33
Gain (Loss) on Sale of Investments	-	0.53	6.75	-	-
Gain (Loss) on Sale of Assets	-	26.37	-2.83	43.05	7.08
Other Unusual Items	-	4.87	-	-	-
Pretax Income	2,500	1,210	2,025	2,047	637.41
Income Tax Expense	670.23	319.38	363.8	485.48	186.73
Earnings From Continuing Operations	1,829	890.61	1,661	1,562	450.68
Earnings From Discontinued Operations	-	-2.1	1,571	39.6	-
Net Income	1,829	888.51	3,232	1,601	450.68
Net Income to Common	1,829	888.51	3,232	1,601	450.68
Net Income Growth	105.89%	-72.51%	101.86%	255.27%	-49.99%
Shares Outstanding (Basic)	87	88	88	88	90
Shares Outstanding (Diluted)	87	88	88	88	90
Shares Change (YoY)	-0.03%	-0.94%	-	-2.17%	-0.05%
EPS (Basic)	20.91	10.15	36.58	18.12	4.99
EPS (Diluted)	20.91	10.15	36.58	18.12	4.99
EPS Growth	105.94%	-72.25%	101.86%	263.14%	-49.96%
Free Cash Flow	1,089	1,392	-940.61	1,775	2,326
Free Cash Flow Per Share	12.45	15.90	-10.65	20.09	25.76
Dividend Per Share	15.000	-	5.000	8.000	4.000
Dividend Growth	-	-	-37.50%	100.00%	-42.86%
Gross Margin	20.14%	16.26%	17.36%	19.42%	16.56%
Operating Margin	10.82%	6.68%	9.55%	11.04%	5.29%
Profit Margin	5.74%	3.06%	12.17%	7.39%	2.56%
Free Cash Flow Margin	3.42%	4.80%	-3.54%	8.19%	13.20%
EBITDA	5,984	2,728	3,178	3,300	1,873
EBITDA Margin	18.78%	9.40%	11.97%	15.23%	10.63%
D&A For EBITDA	2,536	789.58	641.56	907.99	941.19
EBIT	3,448	1,938	2,536	2,392	932.17
EBIT Margin	10.82%	6.68%	9.55%	11.04%	5.29%
Effective Tax Rate	26.81%	26.40%	17.96%	23.72%	29.29%
Revenue as Reported	31,864	29,097	26,629	21,804	17,758
Advertising Expenses	-	14.57	18.47	15.8	6.18

Updated Feb 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.