Premier Energies Reports Strong Q1 FY27 Results: Revenue Up 34.1%, PAT Rises 53.3% YoY

Premier Energies Reports Strong Q1 FY27 Results: Revenue Up 34.1%, PAT Rises 53.3% YoY​

Premier Energies Limited has reported robust financial results for the quarter ended June 30, 2026, showcasing continued expansion and operational strength in the solar manufacturing sector. The company announced that its total revenue surged by 34.1% year-on-year (YoY), while Profit After Tax (PAT) saw a significant increase of 53.3% YoY.

The strong performance was attributed to robust execution, expanding manufacturing capabilities, and sustained demand for domestically manufactured solar modules.

Key Financial Highlights​

Premier Energies' financial metrics reflect solid growth across the quarter:

Operational Milestones and Production Capacity​

During the quarter, Premier Energies successfully managed significant production output across its segments. The company produced 844 MW of solar cells, 953 MW of solar modules, and 570 MVA of transformers.

The company highlighted major expansions in its manufacturing base. Premier Energies recently inaugurated its 5.6 GW Seetharampur module manufacturing facility, noting that this plant is one of India's advanced module manufacturing plants and features automation capable of producing four modules every 16 seconds. Furthermore, the progress at the 7 GW solar cell manufacturing facility in Naidupeta is progressing rapidly, with machinery installation underway and trial runs expected to commence shortly.

Management Commentary​

Commenting on the quarterly results, Mr. Chiranjeev Saluja, Managing Director of Premier Energies Limited, stated that the company was "pleased to report another quarter of strong results." He attributed this sustained growth to the strength of the integrated manufacturing platform, technology leadership, and disciplined execution.

Mr. Saluja noted that the successful inauguration of the 5.6 GW Seetharampur module facility and the quick progress at the 7 GW Naidupeta solar cell plant reinforce the company's commitment to expanding domestic manufacturing capabilities and supporting the government's 'Make in India' vision. He added that the company anticipates a significant boost in its operating and financial performance over the next year as these new facilities become operational, aiding in the delivery of industry-leading margins.

Premier Energies Limited is recognized as one of India's leading integrated solar manufacturers, bringing over 30 years of experience to the sector.

PREMIERENE Stock Price Movement​

Premier Energies Limited sheds value, slipping 1.35% at the current market price of ₹1027.6 as of 10:02 AM, trading in response to intraday weakness. The stock's performance is supported by a volume of 723,126 shares traded during this period.