In terms of regulation 30 of the SEBI LODR Regulations, we herewith attach transcript of earning call held on 5th August 2026.

Corporate Office: Giriraj Annexe Circuit House Road HUBBALLI- 580 029 Karnataka State Phone : 0836- 2237511 Fax : 0836 2256612 e-mail : headoffice@vrllogistics.com BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G-Block, Dalal Street Bandra – Kurla Complex, Bandra (E), Mumbai- 400 001 Mumbai – 400 051 Scrip Code: - 539118 Scrip Code: - VRLLOG Dear Sir / Madam, Sub: Disclosure under Regulation 30 (6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 – Transcript of the Earnings Call In terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement), Regulations 2015, we herewith attach transcript of the earning call held on 5th August 2026. This information is also available on Company’s website on below link: https://vrlgroup.in/investor_download/Transcript05082026sd.pdf You are requested to kindly take note of the same. For VRL LOGISTICS LIMITED ANIRUDDHA PHADNAVIS COMPANY SECRETARY & COMPLIANCE OFFICER Place: Hubballi Date: 08.08.2026 Corporate Office: Giriraj Annexe, Circuit House Road, HUBBALLI- 580 029 Karnataka Phone: 0836 2237511 Fax: 0836- 2256612 e-mail: headoffice@vrllogistics.com Customer Care: HUBBALLI 0836- 2307800e-mail: customercare@vrllogistics.com Website: www.vrllogistics.comCIN: L60210KA1983PLC005247GSTIN (KAR): 29AABCV3609C1ZJ “VRL Logistics Q1 FY27 Earnings Conference Call” August 05, 2026 MANAGEMENT: MR. SUNIL NALAVADI – CHIEF FINANCIAL OFFICER, VRL LOGISTICS MODERATOR: MR. MUKESH SARAF – AVENDUS SPARK Page 1 of 15 VRL Logistics Limited August 05, 2026 Moderator: Ladies and gentlemen, good day and welcome to VRL Logistics Q1 FY27 earnings conference call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing “*” then “0” on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Mukesh Saraf from Avendus Spark. Thank you and over to you, sir. Mukesh Saraf: Thank you, Huda. Good morning, everyone. Mukesh Saraf here from Avendus Spark. Appreciate everybody logging into this 1Q FY27 Earnings Call of VRL Logistics. From the management team, I am pleased to host Mr. Sunil Nalavadi – CFO of VRL Logistics. I will now hand over the call to Mr. Nalawadi for his opening remarks, post which we will take the Q&A. Over to you, sir. Sunil Nalavadi: Thank you, Mr. Mukesh. Good morning to all participants. I am Sunil Nalavadi, CFO of VRL Logistics. I welcome all of you once again for the Earnings Conference Call for the Q1 FY27. On the outset, I would like to inform you that we have completed 50 years of service in the logistic industry. Our promoter, Dr. Vijay Sankeshwar, started this company in the year 1976 with self-driven single vehicle with one roof. Today, the company is operating with 6,000 owned vehicles, along with the hired vehicles as well. Today, the operations of the company spreads across 23 states and 5 union territories with around 1,300 branch networks. We cater to all the commodity segments with 10 lakhs plus customer base. Our vehicles are traveling around 11 lakh kilometers on a daily basis to deliver around 12,000 tons of commodities across the nook and corner of the country. Further, growth of the company was accelerated after Sri Anand Sankeshwar joined as Managing Director. Along with the rich experience and expertise of the promoter, there is an immense contribution from the team VRL, including the experienced staff, drivers, loading and unloading staff, etc. We are very much thankful to all the shareholders who have supported us and also to the many individual institutions who supported us either directly or indirectly during this journey. I hope everyone has had an opportunity to review our press release and the earning presentation which has been circulated through the exchanges. To highlight about the financial performance of the company: This financial year started with a new benchmark in performance with a historic start by achieving the highest ever profit for the quarter of Rs. 81 crores. For our business, the current Page 2 of 15 VRL Logistics Limited August 05, 2026 quarter was a very challenging period on account of risk posed by the current geopolitical developments and potential thereof to cause volatility in crude oil prices which resulted into drastic increase in fuel rates and other input costs. The fuel is one of the major source of operation for our business and the cost is increased due to increase in the fuel rates and also due to losing the benefit of bulk purchase opportunity during the quarter. The effective decision making and its implementation process of the company proven that the increase in cost has been passed on to the customers without any impact on the growth in volumes. On year-on-year basis, the revenue of this quarter is increased from Rs. 751 crores to Rs. 885 crores with a growth of around 18%. The growth in revenue is mainly on account of increase in freight rates across all the commodities and geographies due to which the realization of freight per ton increased by 9% from Rs. 7,852 per ton to Rs. 8,546 per ton. The growth in revenue is also on account of growth in volumes by 90% from Rs. 9,35,000 metric tons to Rs. 10,19,000 metric tons. The growth in volumes is from enhancement in our branch network in goods transportation business and year-on-year basis, we added around 108 branches and we continued our initiative to increase the number of branches in current quarter also and added around 16 new branches. Due to the enhancement in our branch network, we also gained with many new customers. We also recovered the tonnage from the last customers who have discontinued with us earlier due to freight rate rationalization and discontinuation of some of the contracts due to low margins. Please note that the last customers are coming back to us with our current freight rate and the current applicable terms. We also gained voluminous addition of new contractual customers during the quarter. The EBITDA is increased around 22% from Rs. 158 crores to Rs. 193 crores and percentage to revenue is increased by 71 basis points from 21.1% to 21.8%. We successfully maintained the optimum level of EBITDA in the current quarter despite the challenge on the increase in fuel costs. The fuel procurement cost per liter is increased from Rs. 83 to Rs. 94. However, we mitigated the risk by increasing the freight rates effectively with a growth in volumes. The volume growth with increased freight rates has resulted into no increase in other costs as a percentage to the revenue except some increase in vehicle running repair expenses due to increase in driver incentives and also some increase in vehicle hire charges. The improvement in EBITDA leads to increase in EBIT and PAT margins in the quarter. The PAT of the company is increased to Rs. 81 crores from Rs. 50 crores and percentage to revenue is increased to 9% from 6.7%. On a sequential basis, we have seen further improvements in terms of revenue growth and improvements in margins. The revenue is increased from Rs. 859 crores to Rs. 885 crores and growth in revenue is contributed by increase in the freight realization per tonne by almost 5%. Page 3 of 15 VRL Logistics Limited August 05, 2026 And there is some conflict in volumes by 1.73% in the quarter due to seasonal demand moderation. The EBITDA margin is improved by 36 basis points from 21.4% to 21.8% mainly driven by increasing in the freight realization. Further, our business is a B2B Less-Than-Truckload business with a customer base of 10 lakh plus customers covering a wide range of sectors. Our key strength is having the different mode of collections from customers and 85% of our Less-Than-Truckload business is on PAID and TO PAY ba [Showing first 8,000 characters — download PDF for full document]