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Solar Industries India, the industrial explosives maker has received a contract worth Rs 443.44 crore, the supplies for which will continue into the next fiscal.
Solar Industries India Ltd has said in a BSE filing that “The company has bagged an order from Singareni Collieries Company Limited (SCCL) for the supply of 163911.20 MT Explosives worth Rs 443.44 crore for the financial year 2016-17 and 2017-18.”
The company had reported a 20.24 percent increase in net profit for the March quarter at Rs 48.22 crore on higher sales.
