Premier Explosives announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales\income from operations of INR 274.134 million against INR 288.403 million a year ago. Profit from operations before other income finance costs and exceptional items were INR 6.005 million against INR 46.830 million a year ago. Profit from ordinary activities before tax was INR 2.848 million against INR 47.877 million a year ago. Net profit for the period was INR 2.409 million against INR 32.799 million a year ago. Basic and diluted earnings per share were INR 0.30 against INR 4.04 a year ago. For the nine months, the company reported net sales\income from operations of INR 734.459 million against INR 763.496 million a year ago. Profit from operations before other income finance costs and exceptional items were INR 39.400 million against INR 105.872 million a year ago. Profit from ordinary activities before tax was INR 45.639 million against INR 112.322 million a year ago. Net profit for the period was INR 33.261 million against net profit of INR 77.631 million a year ago. Basic and diluted earnings per share were INR 4.09 against INR 9.55 a year ago.

Premier Explosives, Board Meeting, Jan 28, 2013. Agenda: To consider the quarterly results.

Premier Explosives reported unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported total income from operations was INR 204.148 million against INR 233.377 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 6.828 million against profit from operations before other income, finance costs and exceptional items of INR 29.418 million a year ago. Profit from ordinary activities before tax was INR 4.141 million against INR 33.188 million a year ago. Net profit was INR 3.971 million or INR 0.49 basic and diluted earnings per share against net profit of INR 23.867 million or INR 2.94 basic and diluted earnings per share a year ago. For six months, the company reported total income from operations was INR 458.719 million against INR 471.659 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 33.395 million against INR 59.042 million a year ago. Profit from ordinary activities before tax was INR 42.791 million against INR 64.445 million a year ago. Net profit was INR 30.852 million or INR 3.80 basic and diluted earnings per share against net profit of INR 44.832 million or INR 5.52 basic and diluted earnings per share a year ago.