India's VRL Logistics eyes best day in over 3 years on Q3 profit surge

VRL Logistics

06/02/2025 05:02

** Shares of VRL Logistics  VRLL.NS  rise 18.6% to 552.1
rupees, eyes best day since September 24, 2021
    ** Co logs over four-fold surge in Q3 profit to 594.2
million rupees ($6.8 million); Rev rose 12% to 8.25 billion
rupees
    ** Co says aided by price hikes, which pushed realisations
higher and improved margins
    ** More than 1.8 mln shares change hands, 26.2x their 30-day
avg
    ** Nine analysts covering the stock on avg have a "buy"
rating; median PT is 640 rupees - LSEG data
 
 ($1 = 87.5350 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))