Premier Explosives consolidated net profit rises 180.08% in the March 2024 quarter

Sales rise 65.88% to Rs 86.79 crore

Net profit of Premier Explosives rose 180.08% to Rs 6.75 crore in the quarter ended March 2024 as against Rs 2.41 crore during the previous quarter ended March 2023. Sales rose 65.88% to Rs 86.79 crore in the quarter ended March 2024 as against Rs 52.32 crore during the previous quarter ended March 2023.

For the full year,net profit rose 310.42% to Rs 28.36 crore in the year ended March 2024 as against Rs 6.91 crore during the previous year ended March 2023. Sales rose 34.49% to Rs 271.72 crore in the year ended March 2024 as against Rs 202.03 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales86.7952.32 66 271.72202.03 34 OPM %17.3915.69 -21.5312.82 - PBDT13.475.62 140 52.1319.15 172 PBT10.503.14 234 40.629.32 336 NP6.752.41 180 28.366.91 310

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