India's VRL Logistics drops after quarterly profit falls

VRL Logistics

18/05/2026 09:18

** Shares of India's VRL Logistics VRLL.NS fall as much as 3.95%, last down 2.56% at 241.60 rupees

** Logistics and transport co reports about 3% y/y decline in fourth-quarter profit to 721.4 million rupees ($7.49 million)

** Co's Q4 revenue rises 5.4%, while total expenses jump 7%

** VRLL rated "strong buy" by eight analysts, median PT at 355 rupees - data compiled by LSEG

** YTD, stock down 34.43%

($1 = 96.2775 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))