Premier Roadlines Sees 75% Surge in FY24 Profit

Premier Roadlines has reported a significant 75% increase in profit, reaching Rs 12.62 crore for FY24, driven by higher revenues. Compared to the previous fiscal's Rs 7.19 crore, revenues increased to Rs 228.54 crore from Rs 191.92 crore. Expenses also went up to Rs 211.64 crore from Rs 182.37 crore.

In a notable fiscal performance, Premier Roadlines has recorded a 75% surge in profits, amassing Rs 12.62 crore for FY24. This leap is attributed to a boost in revenues, which rose to Rs 228.54 crore from Rs 191.92 crore in the previous fiscal year. Despite an increase in expenses to Rs 211.64 crore from Rs 182.37 crore, the company's profitability marked a significant improvement over the Rs 7.19 crore profit posted in the year-ago period. Premier Roadlines Limited continues to cater to multinationals and SMEs, fulfilling their diverse logistics needs.

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