Premier Explosives standalone net profit rises 143.82% in the March 2017 quarter

Sales rise 23.06% to Rs 71.93 crore

Net profit of Premier Explosives rose 143.82% to Rs 8.29 crore in the quarter ended March 2017 as against Rs 3.40 crore during the previous quarter ended March 2016. Sales rose 23.06% to Rs 71.93 crore in the quarter ended March 2017 as against Rs 58.45 crore during the previous quarter ended March 2016.

For the full year,net profit rose 159.68% to Rs 14.75 crore in the year ended March 2017 as against Rs 5.68 crore during the previous year ended March 2016. Sales rose 24.41% to Rs 229.28 crore in the year ended March 2017 as against Rs 184.30 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales71.9358.45 23 229.28184.30 24 OPM %19.3111.87 -12.389.54 - PBDT12.666.06 109 24.6914.32 72 PBT11.755.23 125 21.2311.00 93 NP8.293.40 144 14.755.68 160

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