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VRL Logistics Q1 Net Profit Falls 28 Percent to INR 24 cr


PTI Last Updated at 11 Aug 2018, 15:08 IST India

New Delhi, Aug 11 (PTI) VRL Logistics Ltd today posted a 28.31 percent drop in its net profit to Rs 24.18 crore during the first quarter of the 2018-19 fiscal on higher expenses.

Its net profit stood at Rs 33.73 crore in the same quarter of the previous fiscal, the company said in a regulatory filing.

Net income increased to Rs 530.95 crore during the April-June quarter of the current fiscal from Rs 497.64 crore in the year-ago period.

However, the company's expenses rose to Rs 494.34 crore from Rs 448.03 crore in the said period.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY :
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