Financial Daily
from THE HINDU group of publications
Wednesday, August 01, 2001
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Financial Daily from THE HINDU group of publications Wednesday, August 01, 2001 |
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Premier Explosives net dips
Premier Explosives Ltd (PEL) has registered a significant growth in turnover and a fall in net profit for the first quarter of the current fiscal ended June 30, 2001.
According to the unaudited financial results, PEL has achieved a sales turnover of Rs 11.22 crore (Rs 8.38 crore), other income of Rs 20.16 lakh (Rs 36.83 lakh) and a net profit of Rs 51.65 lakh (Rs 60.34 lakh) on an equity base of Rs 7.83 crore.
For the year ended March 31, 2001, the company posted a net profit of Rs 1.87 crore on a turnover of Rs 52.13 crore with reserves amounting to Rs 6.31 crore. -- Our Bureau
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