India's Premier Explosives gains after Q1 profit doubles

Premier Explosives

13/08/2025 06:41

** Shares of Premier Explosives PRMR.NS rise 15.2% to 491.85 rupees

** The company, which makes products for the defence, space, mining and infrastructure industries, posted Q1 consol profit that doubled to 153.5 mln rupees

** Q1 consol revenue jumped 71.6% Y/Y to 1.42 bln rupees

** Trading vols at 2.7 mln shares, nearly 8x the 30-day average

** PRMR down ~6% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))