VRL Logistics Limited's board has approved its first-ever bonus issue of shares in a 1:1 ratio, doubling shareholders' share count. The bonus shares will be issued from eligible reserves by September 2, 2025. This follows a ₹61.00 crore share buyback earlier in 2023. The record date for this corporate action is yet to be announced.
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VRL Logistics Reports Robust Q4 Results with 244.7% Profit Surge, Declares Dividend May 22, 2025
VRL Logistics announced impressive Q4 results with a 245% increase in net profit to Rs 74.00 crore, surpassing Bloomberg estimates. Revenue grew by 5.3% to Rs 809.00 crore, while EBITDA rose 78.1% to Rs 187.00 crore. The company declared a final dividend of Rs 10 per share, rewarding shareholders for the strong performance.