Q4 2021 VRL Logistics Ltd Earnings Call Transcript

Jun 14, 2021 / 04:30AM GMT
Operator

(technical difficulty) for your opening remarks.

Sunil Nalavadi - VRL Logistics Limited - CFO & Investor Relation Officer

Thank you, Mr. Udit. Good morning to all participants. I'm Sunil Nalavadi, CFO of VRL Logistics Limited. And this is our company earnings call for the quarter 4 of FY 2021. As of -- you are all aware that during the quarter 1 earnings call, we expected that considering the loss in quarter 1 of INR 61 crores, we may close this financial year with the performance of no profit or no loss.

Now I am very glad to inform you that we have completed the year with a profit of INR 45 crores. It means we have made a profit for remaining 9 months to the tune of INR 106 crores, which is more than the full year profit of the financial year 2019/'20. Please also note that our net cash flow from operation has increased from INR 257 crores to INR 271 crores during this year.

Further know that, only our core sector, that is Goods Transport business, has contributed to the profit during the current year. To achieve these goals, the

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