VRL Logistics Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported revenue from operations of INR 4,893.385 million compared to INR 4,515.249 million a year ago. Profit before tax was INR 389.497 million compared to INR 325.404 million a year ago. Net profit for the period was INR 252.062 million compared to INR 217.536 million a year ago. Basic and diluted profit per share was INR 2.77 compared to INR 2.38 a year ago. The overall EBITDA of the company increased from INR 580 million to INR 650 million. This increase in total EBITDA resulted into increase in EBIT margin of the company as well as EBIT of the company increased from INR 340 million to INR 410 million.

For the nine months, the company reported revenue from operations of INR 14,331.462 million compared to INR 13,602.213 million a year ago. Profit before tax was INR 1,195.64 million compared to INR 903.725 million a year ago. Net profit for the period was INR 805.439 million compared to INR 620.889 million a year ago. Basic and diluted profit per share was INR 8.83 compared to INR 6.80 a year ago. The company hit a total capex of around INR 310 million.

The company provided capex guidance for the fourth quarter of fiscal year 2018. The company expects that there will not much there in capex for the fourth quarter.