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Shreeji Translogistics, a logistics solution provider in India, reported a strong performance in the first quarter due to the robust demand for efficient logistics solutions. The company's consolidated net profit increased over 50% YoY to Rs 40.93 million, while revenue from operations rose 27% to Rs 593.98 million. The growth is attributed to an increased customer base, expansion to new regions, and government initiatives to develop superior logistics infrastructure. Shreeji Translogistics is benefiting from the emphasis on reducing logistics costs and supporting the manufacturing sector in India.
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