Transportation & Logistics company VRL Logistics announced Q2FY25 results Financial Highlights: Total Income up by 12% YoY & 8% QoQ. EBITDA up by 39% YoY & 33% QoQ. PBT up by 82% YoY & 180% QoQ. PAT up by 80% YoY & 167% QoQ. Net Cash generated from Operating activities (post tax) increases from Rs 20,900 lakh in H1FY24 to Rs 21,653 lakh in H1FY25. Business Highlights: Addition of 54 new branches in H1FY25. Closed -16 branches. Total number of branches as on 30.09.2024 is 1,247 Expansion of existing Branch Area/TPT Area at select locations. Number of GT Vehicles increased from 5994 vehicles in FY24 to 6158 vehicles in H1FY25. New Vehicles added in H1FY25 -300 (EV-30, HCV208, LCV- 19, SV- 33, Tanker-10), sold/scrapped : 136 vehicles- (HCV-121, LCV-6, TANKER-9). Net vehicle numbers increased by 164 vehicles in H1FY25. Higher consumption at owned fuel pumps – Direct procurement from refineries. CAPEX incurred in Q2FY25 is Rs 6977.79 lakh. CAPEX incurred in H1FY25 is Rs 11941.04 lakh. Capex in Q2FY25 includes Rs 4293.10 lakh towards expansion of owned Transhipment area in Mangaluru. Planning to add similar owned facilities in Mysuru and Bengaluru. Net debt decreased from Rs 26205.62 lakh as on 31.03.2024 to Rs 25,984.21 lakh as on 30.09.2024. Long term ICRA Credit Rating maintained at A+(positive). The Board of Directors has declared an interim dividend of Rs 5 per equity share (face value of Rs. 10/- each). Result PDF