VRL Logistics announced that the Board of Directors of the Company at its meeting held on 18 May 2019, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Net profit of VRL Logistics rose 70.72% to Rs 20.52 crore in the quarter ended March 2019 as against Rs 12.02 crore during the previous quarter ended March 2018. Sales rose 4.86% to Rs 512.92 crore in the quarter ended March 2019 as against Rs 489.17 crore during the previous quarter ended March 2018.

For the full year,net profit declined 0.69% to Rs 91.92 crore in the year ended March 2019 as against Rs 92.56 crore during the previous year ended March 2018. Sales rose 9.74% to Rs 2109.54 crore in the year ended March 2019 as against Rs 1922.32 crore during the previous year ended March 2018.

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VRL Logistics will hold a meeting of the Board of Directors of the Company on 18 May 2019.

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Net profit of VRL Logistics rose 5.43% to Rs 26.58 crore in the quarter ended December 2018 as against Rs 25.21 crore during the previous quarter ended December 2017. Sales rose 12.63% to Rs 551.16 crore in the quarter ended December 2018 as against Rs 489.34 crore during the previous quarter ended December 2017.

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