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Premier Explosives LimitedImportant, 12-08-2025: Updates

12-08-2025 | 04:21 pm

Premier Explosives delivered robust Q1 financial results with revenue soaring to Rs 142.15 Cr and profit after tax reaching Rs 15.32 Cr. This strong performance was boosted by a Rs 5 Cr reversal of a previously recognized loss provision. The company announced plans to raise up to Rs 300 Cr through various funding instruments, aiming to fuel future growth. Additionally, an Employee Stock Option Scheme was approved for eligible employees and directors. An exceptional Rs 4 Cr ex-gratia compensation was also recognized for accident-affected employees.

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