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

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.

November 02, 2017 / 14:32 IST
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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.

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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.