Key Highlights
- Revenue increased 34.1% YoY to ₹2,507.6 crore in Q1 FY27.
- Profit after tax rose 53.3% YoY to ₹471.9 crore.
- EBITDA grew 27.2% YoY to ₹759.4 crore.
- EBITDA margin stood at 30.3% during the quarter.
- PAT margin came in at 18.8%.
- Production reached 844 MW of solar cells during Q1 FY27.
- Solar module production stood at 953 MW.
- Transformer production totaled 570 MVA.
- Premier Energies inaugurated its 5.6 GW Seetharampur solar module facility.
- The company continued progress on its 7 GW Naidupeta solar cell manufacturing facility.
Premier Energies Limited reported strong financial performance for the first quarter of FY27, with both revenue and profit registering robust year-on-year growth. The company’s performance was supported by higher production, continued expansion of its manufacturing capacity, and sustained demand for domestically manufactured solar modules.
For the quarter ended June 30, 2026, Premier Energies reported total revenue of ₹2,507.6 crore, marking a 34.1% increase compared with the corresponding quarter of the previous year. Profit after tax (PAT) rose 53.3% year-on-year to ₹471.9 crore, while EBITDA increased 27.2% to ₹759.4 crore.
The company achieved an EBITDA margin of 30.3% during the quarter, while the PAT margin stood at 18.8%, reflecting continued operational efficiency despite ongoing capacity expansion.
During Q1 FY27, Premier Energies produced 844 MW of solar cells, 953 MW of solar modules, and 570 MVA of transformers, highlighting steady growth across its manufacturing operations.
Premier Energies also continued expanding its manufacturing footprint during the quarter. The company recently inaugurated its 5.6 GW Seetharampur solar module manufacturing facility, which features high levels of automation. It also reported significant progress on its 7 GW solar cell manufacturing facility at Naidupeta, where machinery installation is underway and trial runs are expected to begin shortly.
Commenting on the quarterly performance, Managing Director Chiranjeev Saluja said the company’s integrated manufacturing platform, technology capabilities, and disciplined execution continued to support growth. He added that the commissioning of new manufacturing facilities is expected to strengthen operating performance over the coming year while supporting India’s domestic solar manufacturing ecosystem.
The latest quarterly performance comes as Premier Energies continues to expand capacity to meet growing demand for locally manufactured solar products and strengthen its position in India’s renewable energy sector.
