Premier Explosives Secures ₹21.45 Crore Export Order for Defense Explosives

BY ADMIN • FILED 16 Mar 2025, 1:34 PM

Premier Explosives Limited has secured an export order worth ₹21.45 crore for the supply of defense explosives to international clients. The contract stipulates delivery within a five-month timeframe.

Company Overview:

Premier Explosives Limited specializes in manufacturing high-energy materials and allied products for defense, space, mining, and infrastructure sectors. Their product portfolio includes bulk explosives, packaged explosives, detonators, detonating fuses, solid propellants, pyrogen igniters, and various pyro devices.

Financial Performance:

In Q3 FY25, the company reported a consolidated net profit of ₹9.22 crore, a significant increase from ₹1.71 crore in the same quarter of the previous year. Net sales surged by 272.4% to ₹165.92 crore, compared to ₹44.56 crore in Q3 FY24.

This export order reinforces Premier Explosives’ position in the global defense sector and highlights its commitment to delivering high-quality products within stipulated timelines.