Solar Industries India has bagged an order worth Rs 443.44 crore from Singareni Collieries Company (SCCL) for the supply of 163911.20 MT explosives for the financial year 2016-17 and 2017-18.



Speaking to CNBC-TV18, Nilesh Panpaliya, CFO of the company, said Solar Industries will execute the order over a period of two years, on account of which it will clock revenue worth Rs 220 crore in FY17.



The company's margins are expected to remain around 19-20 percent for this fiscal year, he added.

here is company details.

 

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