Premier Energies Q1 FY 2026-27 Results: Revenue Jumps 35% To ₹2,463 Crore
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Premier Energies Q1 FY 2026-27 Results: Revenue rose 35% YoY to ₹2,463 crore. The company also secured fresh orders worth ₹3,011 crore due to strong demand for solar cells and modules.
Premier Energies’ consolidated revenue from operations jumped by 35.3% year-on-year to ₹2,462.6 crore. Total income increased 34.1% to ₹2,507.6 crore, while profit before tax (PBT) climbed 54% to ₹620.4 crore.
Other income stood at ₹45 crore, while profit from associates came in at ₹5.4 crore. Current tax expense increased to ₹163.4 crore during the quarter.
Premier Energies Q1 FY27 Results: Performance Summary
Profitability improved despite higher input and operating costs. Cost of materials consumed rose 41.2% year-on-year to ₹1,349.3 crore, while employee benefit expenses increased 71.6% to ₹488.7 crore as the company continued expanding its operations. Finance costs also moved up 19.3% to ₹439.3 crore.
Purchases of traded goods more than doubled from a year ago to ₹253.6 crore, while total expenses increased 28.7% year-on-year. Inventory movements and lower contract execution expenses partly supported overall profitability during the quarter.
Separately, Premier Energies announced that it secured ₹3,011 crore worth of fresh orders during the April-June quarter. The contracts cover the supply of 1,846 MW of solar cells and modules, with deliveries scheduled across FY27 and FY28.
The company's solar products and related project activities remained its largest business, contributing ₹2,356.1 crore in revenue during the quarter. Following the acquisition of Transcon Industries, Premier Energies also reported Power Transmission & Distribution Equipment as a separate business segment, contributing ₹106.5 crore.
The latest order wins came from power producers, EPC companies, module manufacturers and other customers. The company is also expanding its manufacturing base, having increased module capacity from 5.5 GW to 11.1 GW, while solar cell capacity is expected to rise from 3.6 GW to 10.6 GW by September 2026.
Management Commentary And Stock Price
Managing Director Chiranjeev Singh Saluja said the latest order wins reflect customer confidence in Premier Energies' manufacturing capabilities and execution. He also said that the company's expansion plans are aligned with rising domestic solar demand and government support for local manufacturing, which includes the implementation of the ALMM-2 policy.
The company said it remains focused on supplying high-efficiency solar products while supporting India's clean energy ambitions.
Premier Energies’ share price closed the day on 6 August 2026 at ₹1,041.7 on the National Stock Exchange.
Also Read - Apollo Tyres Q1 FY 2026-27 Results: Revenue Increases 13% To ₹7,398 Crore
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