VRL Logistics Share Price Jumps Over 8% as Q2FY27 Net Profit Rises 106%

VRL Logistics closed the September quarter with a net profit of ₹103 crore, against ₹49.9 crore in the same period last year, as per exchange filings dated 02 November 2026. Total income for Q2 FY27 was ₹966.6 crore, compared with ₹803.9 crore in Q2 FY26.  

Revenue from operations grew 21% to ₹961.9 crore. The increase in income was accompanied by a rise in operating profit. EBITDA came in at ₹225.6 crore, up from ₹158.1 crore a year ago.  

The EBITDA margin moved from 19.67% to 23.34%. Profit before tax also increased, reaching ₹137.8 crore against ₹69.1 crore in the corresponding quarter. 

Freight Rates and Goods Transported 

During the quarter, VRL transported 1.079 million tonnes of goods. The figure was 976,000 tonnes in Q2 FY26, representing an 11% increase. Revenue realisation per tonne went up by 9% to ₹8,840. 

According to the company's earnings presentation, higher diesel prices and the rationalisation of freight contracts resulted in an increase in freight rates. The average diesel procurement price was ₹97.05 per litre, compared with ₹85.44 a year earlier. Fuel expenditure rose to ₹247.1 crore from ₹205.7 crore. 

LTL operations accounted for 90.4% of the company's H1 FY27 revenue. FTL services contributed 8.2%, with other services making up the remaining 1.4%. 

Branch Additions and Debt Position 

The company's branch network reached 1,337 by September 2026. During the first half, it opened 67 branches and closed or merged 23. Capital expenditure stood at ₹82 crore in Q2, taking the H1 FY27 total to ₹158 crore. 

Net debt was ₹337 crore at the end of September, down from ₹440 crore on 31 March 2026. ICRA also revised the outlook on VRL's long-term credit rating from A+ Stable to A+ Positive. 

H1 FY27 Results 

For the six months ended September 2026, total income increased 19% to ₹1,851.4 crore. EBITDA rose 32% to ₹418.2 crore, while net profit reached ₹183.5 crore, compared with ₹99.9 crore in H1 FY26. 

Read More: Jyoti CNC Automation Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 16.9% YoY! 

VRL Logistics Share Price Performance  

As of November 3, 2026, 2:10 pm, VRL Logistics share price was trading at ₹303.00, up 8.68% from the previous closing price. 

Conclusion  

The September quarter saw growth in VRL Logistics’ revenue, operating profit and net profit. For the first half of FY27, the company reported an 84% increase in net profit. 

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