ALPHA TRIBE

Premier Roadlines LimitedUpdates, 12-11-2024: Press Release

12-11-2024 | 02:34 pm

Premier Roadlines has reported its financial results for the first half of FY25, with revenue totaling ₹112.8 Cr, reflecting a year-on-year growth of 17%. EBITDA stood at ₹8.5 Cr, a 3% increase, while profit after tax (PAT) reached ₹5.5 Cr, marking a 21% rise compared to the previous year.

The company focused on general logistics during the first half, overcoming seasonal challenges in project logistics linked to monsoons and infrastructure delays. They secured their first order in the defense sector and contracts involving renewable energy products, underscoring their service quality and market adaptability. Additionally, the acquisition of PRL Supply Solutions aims to enhance their service capabilities across international markets and broaden their logistics offerings.

Looking ahead, Premier Roadlines anticipates increased demand in the second half as construction activity ramps up and project approvals rise, indicating a positive outlook for potential growth.

No comments yet. Be the first to comment!

All announcements from Premier Roadlines Limited