Latest news with #VRLLogistics
Time of India
5 days ago
- Business
- Time of India
VRL Logistics 1:1 bonus issue: Record date tomorrow, last chance to buy today
Today marks the final opportunity for investors to purchase shares of VRL Logistics in order to be eligible for its recently announced 1:1 bonus share issue. The company has set Thursday, August 14, as the record date for determining the eligibility of shareholders for the corporate action. A record date is the cut-off date established by a company to determine which shareholders are entitled to receive a dividend, bonus issue, rights issue, or other corporate benefits. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Undo To be eligible, investors must ensure they purchase the shares before the ex-date, which is typically one trading day prior to the record date in India due to the T+1 settlement cycle. This means that trades executed today will reflect in shareholders' demat accounts by the record date, thereby qualifying them for the bonus shares. Under the terms of the announced corporate action, VRL Logistics will issue one bonus share for every one share held by eligible shareholders. This essentially doubles the number of shares in the investor's portfolio without any additional cost, although the share price is adjusted proportionally post-issue to maintain the same overall value. Live Events Bonus issues are often seen as a way for companies to reward shareholders and increase liquidity in the stock, although they do not directly impact the company's valuation. Investors considering purchasing VRL Logistics shares ahead of this record date should take into account both the potential benefits of the bonus issue and the post-issue share price adjustment. With this bonus issue, this is the first time in the history of VRL Logistics that the company is distributing free shares to its eligible shareholders. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Standard
06-08-2025
- Business
- Business Standard
VRL Logistics spurts as Q1 PAT zooms 273% YoY to Rs 50 cr
VRL Logistics rose 1.74% to Rs 605.35 after the company's standalone net profit surged 272.59% to Rs 50.04 crore in Q1 FY26, compared with Rs 13.43 crore posted in Q1 FY25. Revenue from operations rose 2.35% to Rs 744.33 crore in Q1 FY26, compared to Rs 727.20 crore in Q1 FY25. Profit before tax (PBT) surged 282.14% to Rs 67.22 crore in Q1 FY26 from Rs 17.59 crore in Q1 FY25. Total expenses for the quarter fell 5.62% YoY to Rs 683.60 crore. Freight, handling, and servicing costs declined 11.54% to Rs 440.44 crore, while employee benefit expenses rose 2.70% to Rs 135.70 crore in Q1 FY26 over Q1F25. VRL Logistics is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power, and sale of certified emission reduction (CER) units generated from the operation of windmills.
Business Standard
06-08-2025
- Business
- Business Standard
VRL Logistics standalone net profit rises 272.32% in the June 2025 quarter
Sales rise 2.36% to Rs 744.34 croreNet profit of VRL Logistics rose 272.32% to Rs 50.04 crore in the quarter ended June 2025 as against Rs 13.44 crore during the previous quarter ended June 2024. Sales rose 2.36% to Rs 744.34 crore in the quarter ended June 2025 as against Rs 727.21 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 2 OPM %20.3711.95 -PBDT131.8979.10 67 PBT67.2317.60 282 NP50.0413.44 272 Powered by Capital Market - Live News
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Business Standard
29-07-2025
- Business
- Business Standard
Dividend stocks: These 13 shares go ex-date on July 30; are you eligible?
Dividend stocks today, tuesday, July 29, 2025: Investors at Dalal Street will be closely watching the shares of Aurionpro Solutions, Hawkins Cookers, JB Chemicals & Pharmaceuticals, VRL Logistics, and 9 other companies as they are set to trade ex-dividend on tomorrow, July 30, 2025, following their announcement of dividend rewards for their shareholders. The other companies set to go ex-dividend on July 30 include Cravatex, EIH, MM Forgings, NOCIL, Pecos Hotels and Pubs, Permanent Magnets, Sinclairs Hotels, and TD Power Systems, according to the data available on the BSE. The ex-date actually refers to the date when a stock starts trading without the entitlement for dividend payouts. Thus, the investors willing to claim the dividend should own the stocks before the ex-date. That said, it is the record date on which the company finalises the eligible shareholders for the dividend payout. Among the said list of stocks, Hawkins Cookers has announced the highest dividend payout of ₹ per share for its shareholders. The company has set the record date for the dividend announcement as July 30, 2025. This is followed by BASF India, which has declared a final dividend of ₹20 per share for FY25 to its shareholders, with the record date being fixed as July 30 as well. Cravatex will pay a final dividend of ₹12.50 per share to its shareholders for FY25, while VRL Logistics will pay a final dividend of ₹10 per share to its shareholders. They both have set the record date on July 30 for the same. Here is the complete list of stocks that will trade ex-dividend on July 30, along with their key details: Company Ex-date Purpose Record Date Aurionpro Solutions July 30, 2025 Interim Dividend - ₹1 July 30, 2025 BASF India July 30, 2025 Final Dividend - ₹20 July 30, 2025 Cravatex July 30, 2025 Final Dividend - ₹12.50 July 30, 2025 EIH July 30, 2025 Final Dividend - ₹1.50 July 30, 2025 Hawkins Cookers July 30, 2025 Dividend - ₹130 July 30, 2025 JB Chemicals & Pharmaceuticals July 30, 2025 Final Dividend - ₹7 July 30, 2025 MM Forgings July 30, 2025 Final Dividend - ₹4 July 30, 2025 NOCIL July 30, 2025 Final Dividend - ₹2 July 30, 2025 Pecos Hotels and Pubs July 30, 2025 Final Dividend - ₹3.50 July 30, 2025 Permanent Magnets July 30, 2025 Final Dividend - ₹2 July 30, 2025 Sinclairs Hotels July 30, 2025 Dividend - ₹0.80 July 30, 2025 TD Power Systems July 30, 2025 Final Dividend - ₹0.65 July 30, 2025 VRL Logistics July 30, 2025 Final Dividend - ₹10 July 30, 2025
Economic Times
04-07-2025
- Business
- Economic Times
VRL Logistics approves 1:1 bonus issue; check record date
VRL Logistics has approved its first-ever bonus share issue, with the board clearing a 1:1 bonus ratio at its meeting on Friday, July 4. This means shareholders will receive one bonus share for every share held as of the record date, which will be announced separately, the company said in a stock exchange filing. ADVERTISEMENT According to BSE data, this marks the company's maiden bonus issue. In 2023, VRL Logistics completed a Rs 61 crore share buyback. The bonus shares will be issued from eligible reserves, including the securities premium account, general reserve, capital redemption reserve, and retained earnings as of March 31, 2025. They are expected to be credited to shareholders' accounts on or before September 2, 2025. Also Read: 10 Nifty smallcap stocks analysts expect to rally up to 72%Bonus shares are typically issued to capitalise on free reserves, boost paid-up capital, and enhance stock liquidity. These shares are allotted at no additional cost to shareholders but are available only to investors holding the stock before the of March 2025, promoters held a 60.24% stake in the company. ADVERTISEMENT Also Read: Suzlon, Adani Ports among 10 stocks that earned upgrades in last 1 month. Check revised target price At 2:23 pm on Friday, VRL Logistics shares were trading 1% higher at Rs 600.9 on the BSE. The stock has gained 22% so far in 2025 but is down 14.5% over the past two years. The company's current market capitalisation stands at Rs 5,256 crore. ADVERTISEMENT According to Trendlyne, the average analyst target price for the stock is Rs 697, indicating a potential upside of 16%. The stock carries a 'Strong Buy' rating from eight analysts. Also Read: Defence outshines all sectors with 35% rally in 2025: What's driving the surge and will it last? ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
