VRL Logistics Shares Jump 14% To Fresh 52-Week High As Q2 Profit More Than Doubles; Check Earnings And Buyback Details

VRL Logistics shares surged on Tuesday, 3 November, after the company reported more than double the profit for the September quarter. The stock touched a fresh 52-week high as investors reacted to higher freight volumes, better realisations and an improvement in operating margins.

The shares climbed as much as 14.37% to ₹319 apiece during the session. At this level, the stock was around 40% above its 52-week low of ₹228, recorded in June 2026.

The latest jump adds to the stock's gains over recent months. VRL Logistics shares have risen 10% in the past month, 15% over three months and 23% in six months. The stock is up around 11% over the past year. At 10:37 AM, VRL Logistics’ share price stood at ₹304.65 apiece, up 9.27%.

The buying came a day after the logistics company announced its Q2 FY27 results, which showed a sharp improvement in both revenue and profitability.

VRL Logistics Q2 Results: PAT Doubles To ₹103 Crore, Revenue Up 21%

VRL Logistics reported a profit after tax (PAT) of ₹103 crore for Q2 FY27, more than twice the ₹50 crore recorded in the corresponding quarter last year.

Revenue from operations increased 20.7% to ₹962 crore from ₹797 crore. Revenue was also up 9% compared with the June quarter. For the first half of FY27, the company reported revenue growth of 19% year on year.

Higher freight volumes played a part in the improvement. Volumes increased 11% year on year during the September quarter and were up 6% sequentially. For the first six months of FY27, the increase stood at 10%.

The company also managed better freight realisations. VRL said higher fuel costs and the rationalisation of freight contracts had led it to revise freight rates. As a result, realisation per unit improved 9% year on year in Q2. It also rose 3% over the previous quarter.

EBITDA Rises 46%; Operating Margin Expands To 23%

Operating earnings grew faster than revenue. VRL Logistics' earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 46.4% to ₹221 crore in Q2 FY27, compared with ₹151 crore a year earlier.

The EBITDA margin improved to 23% from 19% in the year-ago quarter. Better freight realisations and higher volumes helped lift operating profitability.

The company also continued to add to its distribution network. It opened 67 new branches during the first half of FY27 and added new customers, including contractual clients.

VRL Logistics Buyback: Company Sets ₹320 Price For Share Repurchase

VRL Logistics had fixed ₹320 per share as the price for its recently concluded buyback. The company planned to buy back up to 87.5 lakh shares, equal to 5% of its paid-up equity capital. The total amount earmarked for the exercise was ₹280 crore.

The offer opened on 27 October and closed on 2 November 2026. Shareholders who held VRL Logistics shares on the 22 October record date were eligible to participate. For retail investors, the entitlement was set at 14 shares for every 99 shares held.

The buyback was carried out through the tender offer route. Eligible investors could submit their shares at the fixed price of ₹320, subject to the terms of the offer. With the window now closed, the next detail shareholders will look for is the final acceptance ratio and the number of shares actually bought back.

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