Net profit of Premier Explosives declined 94.24% to Rs 0.08 crore in the quarter ended March 2007 as against Rs 1.39 crore during the previous quarter ended March 2006. Sales declined 11.60% to Rs 17.61 crore in the quarter ended March 2007 as against Rs 19.92 crore during the previous quarter ended March 2006.

For the full year, net profit declined 14.33% to Rs 2.63 crore in the year ended March 2007 as against Rs 3.07 crore during the previous year ended March 2006. Sales declined 2.30% to Rs 66.82 crore in the year ended March 2007 as against Rs 68.39 crore during the previous year ended March 2006.