Premier Energies Shines with 55% Profit Jump Amid Soaring Solar Demand – EQ
In Short : Premier Energies reported a 55% year-on-year surge in Q1 net profit to ₹308 crore, backed by strong demand in solar cell and module production. Revenue rose 10% to ₹1,820 crore, while EBITDA increased 50% to ₹548 crore. Improved margins and a healthy order book reflect the company’s solid growth momentum in India’s booming renewable energy sector.
In Detail : Premier Energies has reported a strong performance for the first quarter of FY26, with net profit soaring 55% year-on-year to ₹308 crore. This significant growth underscores the company’s rising presence in India’s clean energy manufacturing space.
The surge in profit was driven by robust demand for solar modules and cells, which form the core of Premier Energies’ business. As solar installations accelerate nationwide, the company continues to benefit from higher volumes and better pricing.
Revenue for the quarter stood at ₹1,820 crore, reflecting a 10% increase compared to the same period last year. This growth was supported by steady execution of existing orders and an increase in new project inflows.
EBITDA for the quarter climbed 50% to ₹548 crore, marking a sharp improvement in operational efficiency. The company’s focus on cost control and technology upgrades has helped boost overall profitability.
Margins expanded by nearly 850 basis points, indicating stronger pricing power and optimized manufacturing processes. This margin growth reflects Premier Energies’ strategic investments in high-efficiency production lines.
The company’s manufacturing capacity is currently operating near peak levels, with a strong order book continuing to support output. Domestic demand from utility-scale and rooftop solar segments remains a key growth driver.
Management stated that consistent policy support and rising corporate interest in clean energy are expected to sustain momentum through the year. The firm also aims to expand its presence in export markets going forward.
Premier Energies is exploring capacity expansion to meet rising demand, with plans for new investments in advanced solar cell and module technology. The company remains committed to innovation and scale.
With a solid financial base and a favorable market outlook, Premier Energies is positioned to play a leading role in India’s energy transition, supporting national targets for renewable energy deployment.
