Premier has reported results for fourth quarter ended March 31, 2012
The Company has posted a rise of 175.60% in its net profit at Rs 12.54 crore for the quarter ended March 31, 2012 as compared to Rs 4.55 crore for the same quarter in the previous year. Total income has increased by 14.69% at Rs 79.49 crore for quarter under review as compared to Rs 69.31 crore for the quarter ended March 31, 2011.
Premier is engaged in the manufacture of automobiles and machine tools. Incorporated in 1944, Premier was first Indian company to start making automobiles.