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Informist, Friday, May 15, 2026

 

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--Premier Energies Jan-Mar consol net profit INR 4.57 bln 
--Analysts saw Premier Energies Jan-Mar consol net profit at INR 3.89 bln 
--Premier Energies Jan-Mar consol revenue INR 22.30 bln 
--Analysts saw Premier Energies Jan-Mar consol revenue at INR 22.23 bln 
--Premier Energies Jan-Mar consol PAT INR 4.57 bln vs INR 2.78 bln yr ago 
--Premier Energies Jan-Mar consol revenue INR 22.30 bln vs INR 16.21 bln 
--Premier Energies to raise up to INR 50 bln via QIP 
--Premier Energies FY26 consol PAT INR 15.10 bln vs INR 9.37 bln yr ago 
--Premier Energies FY26 consol revenue INR 78.24 bln vs INR 65.19 bln yr ago 
--Premier Energies Jan-Mar consol EBITDA INR 7.13 bln vs INR 5.88 bln 
--Premier Energies Jan-Mar consol EBITDA margin 31.44% vs 34.99% year ago 
--Premier Energies order book INR 140.1 bln on Mar 31 vs INR 137.2 bln QoQ 
--Premier Energies Jan-Mar modules production at 918 MW vs 670 MW year ago 
--Premier Energies Jan-Mar cells production at 722 MW vs 453 MW year ago

 

By Ashutosh Pati

 

MUMBAI – Premier Energies Ltd. continued to grow at a rapid pace in the March quarter, reporting robust growth in both bottom line and top line, mainly due to a surge in production of solar modules and cells. The company's net profit for the quarter surpassed the Street's expectations while revenue was in line. The company saw strong double-digit growth in its bottom line for the fourth straight quarter, while its top line grew at the fastest pace in as many quarters.

 

Premier Energies reported a consolidated net profit of INR 4.57 billion for the March quarter, up over 64% on year. Analysts had expected the company to post a net profit of INR 3.89 billion. Its revenue from operations rose nearly 38% on year to INR 22.30 billion, in line with expectations of INR 22.23 billion

 

 

The solar equipment manufacturer's consolidated earnings before interest, tax, depreciation and amortisation rose to INR 7.13 billion in the March quarter from INR 5.88 billion in the year-ago period. However, its EBITDA margin fell to 31.44% from 34.99% a year ago. Premier Energies' modules production rose 37% on year to 918 megawatts in the March quarter and production of solar cells rose over 59% on year to 722 megawatts. Its order book rose to INR 140.1 billion as of Mar. 31 from INR 137.2 billion a quarter ago.

 

The company's total expenses increased around 28% on year to INR 16.76 billion in the reporting quarter due to a surge in raw material costs and purchases of stock-in-trade. Premier Energies' cost of materials consumed rose around 22% on year to INR 8.93 billion and expenses on purchases of stock-in-trade more than doubled to INR 4.30 billion. Its other expenses were up over 46% on year at INR 1.63 billion.

 

Premier Energies' board has approved raising up to INR 50 billion through the issuance of equity shares, non-convertible debentures along with warrants, or an equivalent amount through one or more qualified institutional placements. For 2025-26 (Apr-Mar), the company posted a net profit of INR 15.10 billion, up 61% on year. Its revenue rose 20% on year to INR 78.24 billion during the year.

 

The company currently has a 10 gigawatt ingot wafer plant under construction. It also has over 60 gigawatts of solar and 20 gigawatts of hybrid projects under development, it said. Its portfolio of allied products--solar inverters, transformers, and battery energy solution systems--are expected to contribute around 25% of group revenues from FY28. Premier Energies is seeing potential demand of 150 gigawatts from emerging sectors such as green hydrogen, electric mobility, and green data centres.

 

The company declared its March quarter results post market hours. On Friday, shares of Premier Energies closed 0.4% higher at INR 981.60 on the National Stock Exchange.  End

 

Edited by Avishek Dutta

 

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