VRL Logistics Limited(formerlyVijayanand Roadlines Ltd.),[6]commonly known as theVRL Group,is an IndianconglomerateheadquarteredinHubballi,Karnataka,India withoperationsin around23 statesand4 union territoriesin thecountry.Business operations ofVRL Groupincluderoad transportation,logistics,publishing,etc.
Company type | Transportation and Logistics[1] |
---|---|
BSE:539118 NSE:VRLLOG | |
Founded | 1976Gadag,Karnataka,India[2] | in
Founder | Vijay Sankeshwar[2] |
Headquarters | Hubballi, Karnataka, India[3] |
Area served | India[4] |
Key people | Vijay Sankeshwar,Anand Sankeshwar Chairman&Managing Director |
Revenue | ₹2,909 crore(US$350 million) (2024)[5] |
₹120 crore(US$14 million) (2024) | |
₹89 crore(US$11 million) (2024) | |
Total assets | ₹2,214 crore(US$270 million) (2024) |
Total equity | ₹946 crore(US$110 million) (2024) |
Owner | Vijay Sankeshwar[2] |
Website | www |
VRL Groupis one of the largest logistics andtransportcompanies in India (incl.4360 vehicles,[4]comprising 419tourist busesand 3941 transportgoodsvehicles). TheLimca Book of Records,states it is the single largestfleetowner ofcommercial vehiclesin thecountry'sprivate sector.[7]
VRL'sVijayavani[8]iscreditedwith having the largestnewspaper circulationin Karnataka.
History
editVRL Groupwas founded byVijay Sankeshwarin 1976 at Gadag, Karnataka, India. Hisfamilyhadapublication house,which later became a part of theVRL Group.[citation needed]
Headquarters and offices
editVRLisheadquarteredinHubballi,Karnatakaand has 931branches,40 hubs and transportyardsacrossthecountry.The headquarters has aneffluent treatment plant(capacity:175thousandliters), arainwater harvestingplant, apetrol bunk(allotted byIndian Oil Corporation), and agarage servicecomplex,whereVRL’struckspass through once in every twoweeks.[citation needed]
Services
editCargo and Courier
editAsubsidiaryofVRL Group,VRL GeneralCargostarted its business service with transportation between Hubballi and Gadag, and later spread across toBengaluruandBelagavi.It has extended into courier services and express cargo, which are now operative in 23 states, handling over 216millionpieces of cargo/year,[10]being one of the largest networks in thecountry.Its courier services are in operation forparcelsrangingfrom small to largesize.[citation needed]
Travel
editVRL'spublictour businessis operated by its divisionVijayanand Travels.With more than 80 branches and operated by 1000+agents,it is the largest in tour business services in Karnataka andMaharashtra.It owns 1,550buses(incl. 742Volvo busesof9400 XLand9400PXmulti-axle models),[11]coveringsix states,moving across 350routesin thecountry.[citation needed]
Aviation logistics
editVRL Logistics Ltd.in 2008, started working in IndianAirCharteringIndustry, operating under the IndianAir Operatorpermit (for passenger charter). In the first phase of its business, it owned aBeechcraft Premier I,anaircraft,manufactured byHawker Beechcraft Inc,United States, while in 2013 it purchased another. It offersJet aircraftcharterstosectorslikecorporate,leisureandtourism,special missions,event management,advertisement agenciesand forflights(VIPcategory).[citation needed]
Media
editVRL Group'sflagshipentity,Vijayavaniwas started on 1 April 2011, which is now the largestcirculatednewspaper[12]in Karnataka.VRL Group'ssubsidiary companyVRL Media Ltd.,printsVijayavaniand is published in 9 cities of thestate.[13]Vijayavani’slead editorof itseditorialdivision is Chennegowder and Subhash hoogar. Karnataka's second largest circulated newspaper[citation needed]Vijaya Karnataka,was started byVijay Sankeshwar(ofVRL Group) in October 2000, and was sold to theTimes groupon 16 June 2006.[14]
In April 2017,VRL Media Ltd.startedDighvijaya News24x7, a Kannadatelevisionnews channel.[15]
In popular culture
editVijayanand,a 2022 Indian Kannada-language biographical film directed byRishika Sharma,produced by Dr.Anand Sankeshwar,talks about the history of VRL group.
See also
edit- Courier in India
- Indian Postal Service
- Blue Dart Express,a courier service in India
- DTDC,a courier service in India
- Ekart,a courier service in India
References
edit- ^"Our mission, our vision".Archivedfrom the original on 16 October 2017.Retrieved16 October2017.
- ^abc"Currently the Largest Fleet Owner in India".Archived fromthe originalon 16 October 2017.Retrieved14 November2021.
- ^"Contact us".Archivedfrom the original on 16 October 2017.Retrieved16 October2017.
- ^ab"General Parcel & VRL Priority".Archivedfrom the original on 16 October 2017.Retrieved16 October2017.
- ^"VRL Logistics Annual Trends"(PDF).Archived fromthe original(PDF)on 20 May 2024.
- ^"VRL Logistics Limited: Private Company Information".bloomberg.Retrieved30 July2018.
- ^Vaidya, Pramodkumar (17 July 2013)."Hubli's Transport Tsar: Rise Vijay Sankeshwar's VRL Logistics into a nearly Rs 1,000 crore company".The Economic Times.Archivedfrom the original on 7 March 2018.
- ^"ವಿಜಯವಾಣಿ · ಕನ್ನಡಿಗರ ಧ್ವನಿ".ವಿಜಯವಾಣಿ.Archivedfrom the original on 13 August 2017.Retrieved17 August2017.
- ^"V.R.L. Couriers Pvt. Ltd. Chamrajpet, Bangalore".sulekha.Archivedfrom the original on 9 June 2018.
- ^"Project on Logistics management in VRL Logistics".ISSUU.19 May 2012.Archivedfrom the original on 25 February 2016.Retrieved17 August2017.
- ^IANS (15 January 2016)."VRL Logistics buys 51 Volvo buses".Archivedfrom the original on 18 August 2017.Retrieved17 August2017– via Business Standard.
- ^"ABC verdict- Vijayavani is the leading Kannada daily".exchange4media.16 October 2014.Archivedfrom the original on 7 June 2015.Retrieved16 October2014.
- ^"VRL Media Ltd – Vijayavani Advertisement (ವಿಜಯವಾಣಿ)".Vijayavaniadvt.Archivedfrom the original on 12 August 2017.Retrieved17 August2017.
- ^"Times group buys Vijaya Times, two Kannada dailies".business-standard.16 June 2006.Archivedfrom the original on 15 September 2016.Retrieved16 June2006.
- ^"VRL Media launches Kannada news channel, Dighvijay".exchange4media.17 April 2017.Archivedfrom the original on 18 April 2017.Retrieved14 November2021.