348% Return In 3-Yrs: Small Cap Logistics Stock Sets Record Date For Rs 5/Share Dividend

VRL Logistics fixed July 31, 2023 as the record date for final dividend of Rs 5/- per equity share (of the face value Rs 10/-each) for the financial year ended March 31, 2023. Current market price of VRL Logistics share is Rs 713.05 per share with intraday gain of 0.85% on BSE. VRL Logistics shares delivered highest return of 348% in last 3-years. Check details below:

VRL Logistics Sets Record Date For Dividend: As per the BSE filing of VRL Logistics, "In accordance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Company has fixed Monday, 31 st July 2023 as the record date for determining the eligible shareholders for receipt of final dividend for the financial year ended 31st March 2023. Upon its approval at the AGM, the payment of the said dividend would be made on or before 24th August, 2023."

Earlier this year on May 20 the company stated in its regulatory filing, "The Board recommended a final dividend at a rate of Rs. 5/- (Rupees five only) per equity share (face value of Rs.10/- each) for the Ilnancial year ended 31" March 2023, subject to approval of shareholders at the ensuing Annuai General Meeting of the Company. The dividend would be paid within 30 days from the date of declaration at the said ensuing Annual General Meeting. Record date / book closure, as the case may be, would be intimated in due course."

VRL Logistics Stock Outlook & Return In last Few Years: Current market price of VRL Logistics stock on BSE is quoted at Rs 713.05 per share apiece. The stock's 52-week high price is Rs 761.75 per share and 52-week low price is Rs 483.00 per share, respectively. The company has a market capitalisation of Rs 6236.94 crore. VRL Logistics shares offered return of 30% in last 6-months, gave 9% return in last 1-year, 124% return in last 2-years, and 93% return in last 5-years.

VRL Logistics Financial Performance: VRL Logistics for the quarter ended March 31, 2023 declared its standalone total income at Rs 702.88 crore, up 2.46% from last quarter total income of Rs 686.02 crore. The company declared its latest quarter net profit after tax at Rs 193.18 crore.

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