VRL Logistics Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	32,211	31,609	28,886	26,485	21,636
Other Revenue	-	91.86	132.51	60.81	35.25
Revenue	32,211	31,701	29,019	26,546	21,671
Revenue Growth (YoY)	1.61%	9.25%	9.31%	22.50%	22.93%
Cost of Revenue	25,099	25,206	24,299	21,936	17,463
Gross Profit	7,112	6,495	4,719	4,610	4,208
Selling, General & Admin	-	10.2	14.57	18.47	15.8
Other Operating Expenses	610.2	627.21	605.21	463.37	355.27
Operating Expenses	3,221	3,174	2,781	2,073	1,816
Operating Income	3,892	3,322	1,938	2,536	2,392
Interest Expense	-949.8	-947.54	-778.04	-542.66	-420.62
Interest & Investment Income	-	32.88	18.74	27.63	35.83
Currency Exchange Gain (Loss)	-	-	0.04	0.74	-2.23
Other Non Operating Income (Expenses)	236.7	-0.83	-0.61	-0.73	-0.96
EBT Excluding Unusual Items	3,179	2,406	1,178	2,021	2,004
Gain (Loss) on Sale of Investments	-	-	0.53	6.75	-
Gain (Loss) on Sale of Assets	-	79.69	26.37	-2.83	43.05
Other Unusual Items	-	13.58	4.87	-	-
Pretax Income	3,179	2,500	1,210	2,025	2,047
Income Tax Expense	810.5	670.23	319.38	363.8	485.48
Earnings From Continuing Operations	2,368	1,829	890.61	1,661	1,562
Earnings From Discontinued Operations	-	-	-2.1	1,571	39.6
Net Income	2,368	1,829	888.51	3,232	1,601
Net Income to Common	2,368	1,829	888.51	3,232	1,601
Net Income Growth	29.46%	105.89%	-72.51%	101.86%	255.27%
Shares Outstanding (Basic)	175	175	175	177	177
Shares Outstanding (Diluted)	175	175	175	177	177
Shares Change (YoY)	-0.01%	-0.05%	-0.94%	-	-2.17%
EPS (Basic)	13.54	10.46	5.08	18.29	9.06
EPS (Diluted)	13.54	10.46	5.08	18.29	9.06
EPS Growth	29.48%	105.98%	-72.25%	101.86%	263.14%
Free Cash Flow	3,553	1,089	1,392	-940.61	1,775
Free Cash Flow Per Share	20.31	6.23	7.95	-5.32	10.04
Dividend Per Share	-	7.500	-	2.500	4.000
Dividend Growth	-	-	-	-37.50%	100.00%
Gross Margin	22.08%	20.49%	16.26%	17.36%	19.42%
Operating Margin	12.08%	10.48%	6.68%	9.55%	11.04%
Profit Margin	7.35%	5.77%	3.06%	12.17%	7.39%
Free Cash Flow Margin	11.03%	3.44%	4.80%	-3.54%	8.19%
EBITDA	6,502	4,265	2,728	3,178	3,300
EBITDA Margin	20.19%	13.45%	9.40%	11.97%	15.23%
D&A For EBITDA	2,610	943.16	789.58	641.56	907.99
EBIT	3,892	3,322	1,938	2,536	2,392
EBIT Margin	12.08%	10.48%	6.68%	9.55%	11.04%
Effective Tax Rate	25.50%	26.81%	26.40%	17.96%	23.72%
Revenue as Reported	32,448	31,864	29,097	26,629	21,804
Advertising Expenses	-	10.2	14.57	18.47	15.8

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