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Premier Energies rises after bagging Rs 2,307-cr orders

31-Dec-25 09:32 Hrs IST

The orders were awarded by a mix of leading domestic independent power producers and other prominent customers, underscoring confidence in the company's product quality, execution capabilities and integrated manufacturing platform.

The fresh order inflows provide revenue visibility and support Premier Energies' capacity expansion plans to scale solar cell capacity to 10.6 GW and solar module capacity to 11.1 GW by September 2026.

Commenting on the development, Chiranjeev Saluja, MD & CEO, Premier Energies, said: 'This robust order inflow underscores the trust our customers place in our manufacturing capabilities and technology roadmap. As India accelerates renewable energy deployment under the Atmanirbhar Bharat initiative, we remain focused on delivering high-quality solar solutions at scale while strengthening our backward integration and integrated manufacturing platform.'

The company reported 71.61% surge in consolidated net profit of Rs 353.44 crore in Q2 FY26 compared with Rs 205.95 crore in Q2 FY25. Revenue from operations jumped 20.27% year on year (YoY) to Rs 1,836.87 crore in the quarter ended 30 September 2025.

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