VRL Logistics reports 1636% YoY net profit growth in March 2021 quarter

June 15, 2021: Net profit of VRL Logistics rose 1636.45 percent to ₹37.16 crore in the quarter ended March 2021 as against ₹2.14 crore during the quarter ended March 2020. 

“Sales rose 20.56 percent to ₹600.16 crore in the quarter ended March 2021 as against ₹497.83 crore during the quarter ended March 2020,” reports Business Standard.

For the full year, net profit declined 49.98 percent to ₹45.07 crore in the year ended March 2021 as against ₹90.11 crore during the previous year ended March 2020. Sales declined 16.79 percent to ₹1762.92 crore in the year ended March 2021 as against ₹2118.54 crore during the previous year ended March 2020.