Premier Roadlines Consolidated FY24 PAT Up By 54.75 Percent
New Delhi (India), June 8: Premier Roadlines Limited, a logistics service provider serving marquee clients in various industries in the Indian subcontinent, announced Audited Financial Results for H2 & FY24. The company witnessed remarkable revenue growth, propelled by its commitment and service excellence. The services include Project logistics, over-dimensional cargo, and contracted integrated logistics services. The [...]
New Delhi (India), June 8: Premier Roadlines Limited, a logistics service provider serving marquee clients in various industries in the Indian subcontinent, announced Audited Financial Results for H2 & FY24. The company witnessed remarkable revenue growth, propelled by its commitment and service excellence. The services include Project logistics, over-dimensional cargo, and contracted integrated logistics services. The service lines has helped the company in bringing competitive cost advantage and increase in top line as seen in the results.
Shares of Premier Roadlines were listed at the bourses on May 17, 2024, when the stock was listed at a premium of 30 per cent over the given issue price at Rs 67. The company raised about Rs 40.36 crore, which ran between May 10-14.
Revenue of Premier Roadlines rose 29.33% to Rs 132.39 crore in the Half year ended March 2024 as against Rs 98.38 crore during the previous half ended September 2023. Net Profit rose 55.78% to Rs 8.07 crore in the Half year ended March 2024 as against Rs 4.55 crore during the previous half ended September 2023. Earnings Per Share (EPS) 56% to Rs 4.80 crore in the Half year ended March 2024 as against Rs 2.70 crore during the previous half ended September 2023.