Premier Energies Limited has announced its financial results for the quarter ended June 30, 2026, delivering another quarter of strong growth driven by robust execution, expanding manufacturing capabilities and strong demand for domestically manufactured solar modules.
The Company reported total revenue of INR 25,076 million, up 34.1% year-on-year. EBITDA stood at INR 7,594 million, registering a 27.2% YoY growth with a healthy 30.3% EBITDA margin, while Profit After Tax (PAT) was reported at INR 4,719 million with 53.3% YoY growth, translating into a PAT margin of 18.8%. During the quarter, the Company produced 844 MW of solar cells, 953 MW of solar modules, and 570 MVA of transformers.
Premier Energies recently inaugurated its 5.6 GW Seetharampur module manufacturing facility, one of India’s most advanced module manufacturing plants, equipped with automation capable of producing four modules every 16 seconds. The Company also made significant progress on its 7 GW solar cell manufacturing facility at Naidupeta, where machinery installation is underway and trial runs are expected to commence shortly.
Commenting on the results, Mr. Chiranjeev Saluja, Managing Director of the company said, “We are pleased to report another quarter of strong results. Our sustained growth reflects the strength of our integrated manufacturing platform, technology leadership and disciplined execution. The successful inauguration of our 5.6 GW Seetharampur module facility and the rapid progress at our 7 GW Naidupeta solar cell plant reinforce our commitment to expanding domestic manufacturing capabilities and supporting government’s Make in India vision. We are expecting a significant boost in our operating and financial performance over the next year as these new facilities come online and help us deliver industry leading margins.”
