VRL Logistics Limited (NSE:VRLLOG)

VRL Logistics Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	31,203	28,886	26,485	21,636	17,629	21,185
Other Revenue	75.44	132.51	60.81	35.25	-	-
Revenue	31,279	29,019	26,546	21,671	17,629	21,185
Revenue Growth (YoY)	10.44%	9.31%	22.50%	22.93%	-16.79%	0.43%
Cost of Revenue	25,626	24,299	21,936	17,463	14,710	17,543
Gross Profit	5,653	4,719	4,610	4,208	2,920	3,642
Selling, General & Admin	14.57	14.57	18.47	15.8	6.18	7.17
Other Operating Expenses	612.91	605.21	463.37	355.27	383.26	530.39
Operating Expenses	3,109	2,781	2,073	1,816	1,987	2,213
Operating Income	2,544	1,938	2,536	2,392	932.17	1,429
Interest Expense	-907.68	-778.04	-542.66	-420.62	-366.16	-366.92
Interest & Investment Income	18.74	18.74	27.63	35.83	22.28	25.59
Currency Exchange Gain (Loss)	0.04	0.04	0.74	-2.23	-	-
Other Non Operating Income (Expenses)	-0.61	-0.61	-0.73	-0.96	42.05	-0.42
EBT Excluding Unusual Items	1,654	1,178	2,021	2,004	630.33	1,088
Gain (Loss) on Sale of Investments	0.53	0.53	6.75	-	-	-
Gain (Loss) on Sale of Assets	135.18	26.37	-2.83	43.05	7.08	-44.41
Other Unusual Items	4.87	4.87	-	-	-	-
Pretax Income	1,795	1,210	2,025	2,047	637.41	1,043
Income Tax Expense	492.52	319.38	363.8	485.48	186.73	142.02
Earnings From Continuing Operations	1,302	890.61	1,661	1,562	450.68	901.15
Earnings From Discontinued Operations	-	-2.1	1,571	39.6	-	-
Net Income	1,302	888.51	3,232	1,601	450.68	901.15
Net Income to Common	1,302	888.51	3,232	1,601	450.68	901.15
Net Income Growth	-50.01%	-72.51%	101.86%	255.27%	-49.99%	-1.96%
Shares Outstanding (Basic)	88	88	88	88	90	90
Shares Outstanding (Diluted)	88	88	88	88	90	90
Shares Change (YoY)	-0.15%	-0.94%	-	-2.17%	-0.05%	-
EPS (Basic)	14.88	10.15	36.58	18.12	4.99	9.97
EPS (Diluted)	14.88	10.15	36.58	18.12	4.99	9.97
EPS Growth	-49.93%	-72.25%	101.86%	263.14%	-49.96%	-1.96%
Free Cash Flow	-	1,392	-940.61	1,775	2,326	1,346
Free Cash Flow Per Share	-	15.90	-10.65	20.09	25.76	14.89
Dividend Per Share	-	-	5.000	8.000	4.000	7.000
Dividend Growth	-	-	-37.50%	100.00%	-42.86%	27.27%
Gross Margin	18.07%	16.26%	17.36%	19.42%	16.56%	17.19%
Operating Margin	8.13%	6.68%	9.55%	11.04%	5.29%	6.75%
Profit Margin	4.16%	3.06%	12.17%	7.39%	2.56%	4.25%
Free Cash Flow Margin	-	4.80%	-3.54%	8.19%	13.20%	6.35%
EBITDA	3,444	2,728	3,178	3,300	1,873	2,456
EBITDA Margin	11.01%	9.40%	11.97%	15.23%	10.63%	11.59%
D&A For EBITDA	900.59	789.58	641.56	907.99	941.19	1,026
EBIT	2,544	1,938	2,536	2,392	932.17	1,429
EBIT Margin	8.13%	6.68%	9.55%	11.04%	5.29%	6.75%
Effective Tax Rate	27.44%	26.40%	17.96%	23.72%	29.29%	13.61%
Revenue as Reported	31,471	29,097	26,629	21,804	17,758	21,289
Advertising Expenses	-	14.57	18.47	15.8	6.18	7.17

Source: S&P Global Market Intelligence. Standard template. Financial Sources.