Defence contributes to 40% of total revenue, says Premier Explosives

Premier Explosives is buzzing in trade after bagging an order from Coal India for Rs 145 crore. In an interview to CNBC-TV18, AN Gupta, Chairman & Managing Director of the company spoke at length about the order and his outlook going ahead.

CNBC-TV18

November 02, 2017 / 14:32 IST

Premier Explosives is buzzing in trade after bagging an order from Coal India for Rs 145 crore. In an interview to CNBC-TV18, AN Gupta, Chairman & Managing Director of the company spoke at length about the order and his outlook going ahead.

Gupta said that Coal India order is for three years.

He further said that the current orderbook stands at Rs 200 crore.

He also mentioned that defence contributes to 40 percent of the total revenue.

Watch accompanying video for more details.

CNBC-TV18

first published: Nov 2, 2017 02:32 pm

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