VRL Logistics shares rallied sharply on Tuesday, November 3, hitting a fresh 52-week high after the logistics company reported a more than two-fold increase in its September quarter profit. Strong revenue growth, higher freight realisations and an improvement in operating margins boosted the company's quarterly performance, driving renewed buying interest in the stock.
The stock jumped as much as 14.37% to hit an intraday high of ₹319. At this level, it was trading around 40% above its 52-week low of ₹228, recorded in June 2026.
The latest rally added to the stock's positive performance across different time frames. VRL Logistics shares have gained 10% over the past month, 15% in three months and 23% in six months. The stock has also delivered a return of around 11% over the last year.
The sharp movement came a day after the company announced its financial results for the second quarter of FY27, reporting strong growth in profitability, revenue and operating earnings.
VRL Logistics reported a more than two-fold year-on-year increase in profit after tax (PAT) to ₹103 crore in Q2 FY27, compared with ₹50 crore in the corresponding quarter of the previous financial year.