Premier Roadlines: Driving Profits to New Heights with a 75% Surge in FY24

Premier Roadlines, a transportation company, reported a 75% increase in its profit to Rs 12.62 crore for FY24 driven by higher revenues. In a filing to the exchange on Friday, the company stated that it had posted a profit of 7.19 crore for the year-ago period. The company’s revenues rose to Rs 228.54 crore from Rs 191.92 crore in the preceding 2022-23 fiscal year. Expenses during the fiscal year stood at Rs 211.64 crore against Rs 182.37 crore a year ago. Premier Roadlines Limited serves multinationals, as well as small and medium enterprises, for all their logistics requirements.