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.
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.
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.