Premier Explosives Ltd

The contract is for the supply of Defence Explosives and the same would be delivered within a period of 5 months. Premier Explosives is engaged in manufacture of high-energy materials like bulk explosives, packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defense, space, homeland security and such other areas. The company's consolidated net profit stood at Rs 9.22 crore in Q3 FY25, steeply higher than Rs 1.71 crore in Q3 FY24. Net sales surged 272.4% to Rs 165.92 crore in Q3 FY25 as compared with Rs 44.56 crore posted in same quarter last year. Powered by Capital Market - Live

Premier Explosives has received an export order for Rs.18.90 crore for supply of defence explosives to be delivered within a period of 5 months. Powered by Capital Market - Live

The contract is for supply of defence explosives to be delivered within a period of 5 months. Premier Explosives is engaged in manufacture of high-energy materials like bulk explosives, packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defense, space, homeland security and such other areas. The company's consolidated net profit stood at Rs 9.22 crore in Q3 FY25, steeply higher than Rs 1.71 crore in Q3 FY24. Net sales surged 272.4% to Rs 165.92 crore in Q3 FY25 as compared with Rs 44.56 crore posted in same quarter last year. Powered by Capital Market - Live

Premier Explosives has received an export order for Rs 21.45 crore for supply of defence explosives to be delivered within a period of 5 months. Powered by Capital Market - Live

The board of the joint venture company will comprise of five directors. GML will have the right to nominate three directors, while PEL will have the right to nominate two directors. The parties will jointly appoint/nominate the chief executive officer (CEO), chief financial officer (CFO), auditor and other key managerial personnel (KMP) for the joint venture. In the joint venture company, GML will hold 51% while PEL will hold 49%. GML subscribed to 51,000 equity shares (51%) and PEL subscribed to 49,000 equity shares (49%) of the joint venture company at a face value of Rs 10 per share. Premier Explosives is engaged in manufacture of high-energy materials like bulk explosives, packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defense, space, homeland security and such other areas. The company's consolidated net profit stood at Rs 9.22 crore in Q3 FY25, steeply higher than Rs 1.71 crore in Q3 FY24. Net sales surged 272.4% to Rs 165.92 crore in Q3 FY25 as compared with Rs 44.56 crore posted in same quarter last year. The counter declined 2.31% to Rs 329.75 on the BSE.Powered by Capital Market - Live

Net profit of Premier Explosives rose 439.18% to Rs 9.22 crore in the quarter ended December 2024 as against Rs 1.71 crore during the previous quarter ended December 2023. Sales rose 272.35% to Rs 165.92 crore in the quarter ended December 2024 as against Rs 44.56 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales165.9244.56 272 OPM %9.3110.95 - PBDT11.685.50 112 PBT8.812.44 261 NP9.221.71 439 Powered by Capital Market - Live

Premier Explosives will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

Premier Explosives has received an order for Rs. 26.40 crore from BrahMos Aerospace for supply of Propellant Casting & Assembly of Boosters to be delivered overa period of 2 years. Powered by Capital Market - Live

The fire incident occurred on 4 January 2025, around 9:30 AM. The fire caused damage to the building and equipment at one of the pyrotechnic manufacturing facilities. The incident resulted in the loss of one life and severe injuries to another person, who has been shifted to a hospital in Hyderabad for treatment. The company stated that the exact cause of the fire is currently under investigation and that it is fully cooperating with the relevant authorities. It was also mentioned that the damaged assets were fully insured and the company is working to assess the actual financial loss caused by the fire. Furthermore, Premier Explosives is taking immediate steps to resume normal operations at the plant as soon as possible. Premier Explosives is engaged in manufacture of high-energy materials like bulk explosives, packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters, pyro devices, etc., having applications in mining, infrastructure, defense, space, homeland security and such other areas. On a consolidated basis, the company's net profit fell 27.7% to Rs 8.42 crore in Q2 FY25 as against Rs 11.65 crore posted in Q2 FY24. However, net sales jumped 20.6% YoY to Rs 94.60 crore in Q2 FY25. Powered by Capital Market - Live

Net profit of Premier Explosives declined 27.73% to Rs 8.42 crore in the quarter ended September 2024 as against Rs 11.65 crore during the previous quarter ended September 2023. Sales rose 20.63% to Rs 94.60 crore in the quarter ended September 2024 as against Rs 78.42 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales94.6078.42 21 OPM %17.5727.88 - PBDT15.1519.02 -20 PBT12.2816.23 -24 NP8.4211.65 -28 Powered by Capital Market - Live